DTE 1 and 2, the largest solar power project in Southeast Asia, located in Tay Ninh, Vietnam (Photo: bangkokpost.com) Bangkok (VNA) – Thai conglomerateB.Grimm Group is studying the feasibility ofan additional 3,000MW in Vietnam and a partnership with a US firm for 2,000MWof supply, according to B.Grimm chairman Harald Link.
Bangkok Post newspaper quoted Link assaying that Vietnam is a high potential market and B.Grimm is the largest poweroperator in the country and has projects from 1,000-3,000MW in the pipeline.The firm has also received a licence to import 650,000 tonnes of LNG annuallyfrom Vietnam.
B.Grimm operates power businesses inThailand, Laos and Vietnam, with a transmission system in Cambodia. It has atotal capacity in operation of 3,019 MW supplied from co-generation, solar,energy storage backup for power trading and waste to energy.
The company also has 1,200MW worth ofprojects in development, which include 16MW of wind power and 95MW ofhydropower.
B.Grimm recently signed deals for anadditional 3,000MW of liquid natural gas (LNG) projects.
Link said B.GrimmGroup's power business will be a key driver of revenue over the next eightyears, aiming to reach total revenue of 150 billion baht (about 5 billion USD)by 2028.
This year, 70percent of the group's total projected revenue of 60 billion baht came from itsenergy arm B.Grimm Power Plc, which is listed in the Stock Exchange ofThailand./.
Bangkok Post newspaper quoted Link assaying that Vietnam is a high potential market and B.Grimm is the largest poweroperator in the country and has projects from 1,000-3,000MW in the pipeline.The firm has also received a licence to import 650,000 tonnes of LNG annuallyfrom Vietnam.
B.Grimm operates power businesses inThailand, Laos and Vietnam, with a transmission system in Cambodia. It has atotal capacity in operation of 3,019 MW supplied from co-generation, solar,energy storage backup for power trading and waste to energy.
The company also has 1,200MW worth ofprojects in development, which include 16MW of wind power and 95MW ofhydropower.
B.Grimm recently signed deals for anadditional 3,000MW of liquid natural gas (LNG) projects.
Link said B.GrimmGroup's power business will be a key driver of revenue over the next eightyears, aiming to reach total revenue of 150 billion baht (about 5 billion USD)by 2028.
This year, 70percent of the group's total projected revenue of 60 billion baht came from itsenergy arm B.Grimm Power Plc, which is listed in the Stock Exchange ofThailand./.
VNA
