B.Grimm allots B38.5bn for 7 plants until 2022

Published onMay 2, 2019

SET-listed B.Grimm Power plans to spend 38.5 billion baht during 2019-22 to develop seven power plants with a combined capacity of 800 megawatts. All seven projects are small power producers (SPP). President Preeyanart Soontornwata said B.Grimm postponed deciding on the seven projects while awaiting approval. Five of the seven were renewal contracts approved by the National Energy Policy Council (NEPC) in January. They consist of two projects by Glow SPP 1 Co in Rayong; two projects by Amata B.Grimm Power in Chon Buri; and one project by B.Grimm Power Laem Chabang in Chon Buri. The total capacity of the five projects is 560MW and the contracts expire in 2022. B.Grimm had been calling on the government to renew the contracts since 2017. The remaining two projects, with a combined 240MW, relocated from Ratchaburi to Ang Thong.

Source: https://www.bangkokpost.com/business/news/1667200/