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Corporate December 09, 2017 01:00

By The Nation

SCAN INTER JOINS CHO THAVEE ON BUS PLAN



Scan Inter Plc (SCN), a fully integrated natural gas service provider, has formed a consortium with Cho Thavee Plc (CHO) to participate in a bid for the procurement, via selection method, of 489 NGV buses for the BMTA, with a median price of Bt4.02 billion. 

Littee Kitpipit, managing director of SCN, said the company had signed a memorandum of understanding (MoU) with Cho Thavee for the establishment of SCN-CHO Consortium.

 CHO had received the permission to import standardised industrial products stipulated by the Royal Decree for distribution in the country as well as the invitation letter to participate in the BMTA procurement bid. 

The consortium had submitted its proposition of the bidding to the BMTA on Thursday after the BMTA’s bidding invitation of former bidders of previous projects to select the winner of the bidding. 

 

WEH INKS $450M DEALS

Wind Energy Holding Co Ltd (WEH), a member of Thailand’s KPN Group and one Southeast Asia’s renewable energy companies, has contracted 270 MW of capacity for three of its wind farms with GE Renewable Energy and six substations with GE Power. 

The contracts are worth in excess of US$450 million.

The three projects are in Nakhon Ratchasima and Chaiyaphum provinces and will be supplied with 90, GE3.43137 turbines with an innovative steel concrete hybrid tower. At 225 metre tip height, these turbines, with 137 metre diameter rotors and 157 metre hub height, will be the tallest onshore wind turbines installed worldwide and represent the latest low wind technology on the market.

Construction on the projects has begun and commercial operations are expected to begin within 15 months. Upon completion, WEH will have developed and constructed over 720 MW of onshore windfarms in Thailand, making it the single largest wind power developer and operator in the country and Southeast Asia.

This announcement comes on the back of Wind Energy Holding’s successful fundraising of Bt37 billion for the construction of five wind projects with 450 MW of capacity.

MOBIKE ON THE MOVE

Chinese bike-sharing giant Mobike, which has launched services in Thailand, is planning to step up expansion in more overseas markets.

“Mobike has been stepping up its overseas expansion and we are confident that our global business will witness rapid expansion in the future,” Wang Xiaofeng, co-founder and chief executive officer of the Beijing-based company, said.

“Mobike’s overseas market share accounts for a small proportion, but we see great potential for growth.”

The company has entered the US market by extending services to Washington in September, it’s seventh market overseas following debuts in Singapore, Malaysia, Thailand, Japan, Italy and the UK. – China Daily

 

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