BGRIM establishes alliance with AIE
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BGRIM establishes alliance with AIE

B.Grimm Power Pcl (BGRIM) and Asia Industrial Estate Co (AIE) have agreed to explore the feasibility of developing natural gas-fired and renewable energy power plants, and integrated intelligent power transmission network at the latter's industrial park in Samut Prakan.

Harald Link, chairman and president of BGRIM, and Chali Sophonpanich, president of AIE, signed a memorandum of understanding (MoU) to jointly pursue the cooperation.

The accord applies to the Asia Industrial Estate (Suvarnabhumi) in Bang Bo district which AIE jointly operates with the Industrial Estate Authority of Thailand.

Covering an area of more than 4,000 rai, the industrial estate is ideal for industries related to automotive, auto parts, foods, pharmaceutical, logistics, e-commerce and data centre operations.

Mr Link said the collaboration with AIE supports BGRIM's drive to elevate its position as a leading industrial power producer and enhances its competitive edge.

BGRIM's planned facilities in the industrial estate will offer high quality energy supplies directly to customers through a trading mechanism bypassing state-run power utilities using a 'Smart Grid' developed by BGRIM.

The company has trialled the energy trading system at BGRIM's buildings and various industrial estates, he added.

BGRIM earlier set up a pilot study project to develop a smart grid system linking Amata City Industrial Estate in Chon Buri province with Bangkadi Industrial Park.

The scheme integrates various power generation sources including natural gas-fired plants, renewable energy generators like floating solar and solar rooftops with electric vehicle (EV) charging stations and energy storage systems.

Also under the project is the upgrading of transmission lines and modernising of various systems to become intelligent to support technological developments and adaptation of 5G technology. The project will be implemented in phases.

Mr Link noted that this cooperation with AIE is very much in line with BGRIM's strategy to expand its transmission and distribution business in the region.

The company has built and controlled power transmission and distribution systems in nine industrial estates in Thailand, Vietnam and Cambodia to establish infrastructure foundations necessary for the development of Smart City in the future.

To date, BGRIM has 50 power plants in commercial operation. The firm aims to ramp up its total installed capacity from 3,058 megawatts at the end of 2020 to at least 7,200MW of secured power purchase agreements by 2025 and further to 10,000MW by 2030 with an annual revenue of over 100 billion baht being targeted.

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