Thailand

Strong government support is pushing reliance away from natural gas-fired power.

Gas demand growth could hit 1-2% in the next 10 years, compared to 5-6% over 2010-2014.

Five utilities have lined up to buy the plant valued at around $188.47m.

The country is the 10th largest destination of its coal exports.

It will finance 16 solar plants, with nine operational and seven under construction.

About $1.5b will be invested in the project.

It would have been Thailand's largest investment deal in 2018.

The northeastern part of the country significantly grew both biogas and biomass.

CEO Preeyanart Soontornwata targets to grow the company’s portfolio by investing in two solar plants in Vietnam with a 677MW capacity, forming ASEAN's largest solar farm.

Solar rooftops, biomass, and waste are expected to be used for power production.

One of the plants will be Southeast Asia's largest when it starts operating in 2019.

It is seeking investments to meets its 4.3GW growth target.

Sustaining the momentum will mean grappling with current overcapacity and a scrutinising regulatory merger regime.

The deal is set to be done through PTT’s unit, GPSC.

The companies have a combined capacity of around 680MW.

It's looking to invest in Australia, South Korea, and Japan.