Outlook sunny for PTT venture | Bangkok Post: business

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Outlook sunny for PTT venture

  • Published: | Viewed: 2,056 | Comments: 0
  • Newspaper section: Business
  • Writer: Yuthana Praiwan & Nareerat Wiriyapong
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The energy giant PTT Plc has made a major move into the solar power sector by joining with the Maleenont family, the operator of Channel 3, on an investment of 1.45 billion baht. 

PTT previously acquired 40% of Thai Solar Renewable Co (TSR), with 60% held by Thai Solar Energy Co, which was founded by the Maleenonts.

The joint venture has planned 10 solar-farm projects with a combined capacity of 80 megawatts in Kanchanaburi and Suphan Buri.

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