GPSC Signed a loan agreement with TMB Thanachart Bank. Kiatnakin Phatra Bank and the Export-Import Bank of Thailand. The total credit limit is 7,000 million baht. Focusing on the business of developing renewable energy both domestically and internationally. Stabilizing energy security
Mr. Thitipong Chulporn Siridi Chief Financial Officer of Global Power Synergy Public Company Limited or GPSC, the leader of PTT Group’s electricity business innovation, revealed that GPSC has recently signed a total of 3 loan agreements with a total credit limit of 7,000 million baht with 3 financial institutions, including TMB Thanachart Bank (TTB) in the amount of 5,000 million baht. Kiatnakin Phatra Bank (KKP) in the amount of 1,000 million baht and the Export-Import Bank of Thailand. (EXIM BANK) in the amount of 1,000 million baht. To adjust the Company’s loan portfolio and support investment in clean energy both domestically and internationally.
GPSC is supported by these three financial institutions, which focus on inve
sting in clean energy, which is a key strategy for growth by increasing the proportion of renewable energy power plants to be in line with the PTT Group’s role in decarbonization, along with strengthening the electricity reliability of the PTT Group, as well as finding new business growth opportunities in line with the global energy direction change and Thailand’s National Energy Plan towards clean energy and moving towards the goal of Net Zero.
GPSC focuses on the production and distribution of electricity. Steam for industrial and utility applications to ensure energy system stability for industrial customers. Currently, the company has renewable energy power plants accounting for more than 65% of the total production capacity by 2026 and continues to focus on expanding investment both domestically and internationally. With the goal of driving the organization. To become one of the three leading companies in Southeast Asia’s sustainable energy innovation, to develop clean energy in line with the goals of C
arbon Neutrality by 2050 and Net Zero GHG Emissions by 2060, in line with global technological changes and energy innovations that focus on sustainable energy use and to be sufficient for the country’s development in terms of economy, society and environment.
Source: Thai News Agency