ENERGY
Outlook sunny for PTT venture
- Published: 25 Feb 2013 at 00.00
- Newspaper section: Business
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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