Thailand Gets Strong Interest on Waste-To-Energy Power Plan

Thailand Gets Strong Interest on Waste-To-Energy Power Plan

Private companies have shown strong interest in Thailand's plan to add up to
50 megawatts (MW) of waste-to-energy power capacity to cut down on the
nation's reliance on natural gas, the Energy Regulatory Commission (ERC)
said.

About 25 companies submitted applications to build and operate such plants
after the commission started seeking contract proposals on Thursday (22/09).
The ERC will accept proposals until Sept. 28 and the winners will be
announced on Oct. 28, Viraphol Jirapraditkul, director of the ERC, told
reporters.

Thailand is aiming to double the waste energy capacity for electricity to
600 MW by 2036, from 311 MW in 2014, according to its latest power plan.

Winners of the 20-year contracts, to be based on feed-in tariff rates, will
be required to sign power purchase contracts by Feb. 25, 2017, and start
supplying power by December 2019, Viraphol said.

Each company winning a contract can build a plant of up to 9.9 MW in
capacity, with an estimated investment per plant in the range of 1.2 billion
baht-2.0 billion baht ($35 million-$58 million), he said.

Companies submitting proposals include waste management company General
Environmental Conservation Pcl, Superblock Pcl, Better World Group Pcl, WHA
Corp and Glow Energy Pcl.

By 0915 GMT, shares in General Environmental had surged 9.5 percent,
outperforming a 1.24 percent rise in the main stock index. WHA had gained
1.24 percent, while Better World rose 1.77 percent.

Thailand uses natural gas for 65 percent of its power generation and wants
to reduce its dependence to 40 percent over the next two decades and focus
more on renewable power and other fuels, according to its latest power
development plan.

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Ref:
http://jakartaglobe.beritasatu.com/international/thailand-gets-strong-intere
st-waste-energy-power-plan/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com