Thai energy company plans $4.6 bln in gas-to-power investment

Thailand’s Gulf Energy Development plans to invest $4.6 billion into power plants in the country over the next four years.
By Staff reporter 27 November 2017 0 28570

Thailand’s Gulf Energy Development plans to invest $4.6 billion into power plants in the country over the next four years, according to the Bangkok Post.

The firm, which made its public listing earlier this month, is studying projects in Myanmar, Laos and Vietnam, where there is strong growth in demand for electricity.

The project will focus on the development of gas-fired power plants, and plans to double the company’s generation capacity to 4.6 GW by 2024.

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