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PTT develops renewable energy overseas

 Last Update: 2021-08-07
 Source: Internet
 Author: User

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Sinochem News recently, the Global Power Coordination (GPSC), a power company under the National Petroleum Corporation of Thailand (PTT), said it will invest 20 billion baht in overseas development of renewable energy
.

By about 2025, the renewable energy power generation rate of GPSC will increase from the current 10% to 30%

GPSC will borrow 20 billion baht from PTT as business funds and plan to invest in India, China and other Asian countries, focusing on the development of solar and wind energy
.

GPSC has also set up a subsidiary specifically responsible for foreign renewable energy business

GPSC currently has 5.
05 million kilowatts of power generation capacity, and the power facilities are mainly in Thailand
.

Among them, thermal power generation accounts for more than 80%, and renewable energy sources, including hydropower, account for about 12%

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