thailandedition
GPSC eyes SMR JV in '69, expands into Data Centers in Thailand & India

GPSC eyes SMR JV in '69, expands into Data Centers in Thailand & India

MGR Online•Economy•1d ago

Reader Briefing

GPSC is set to finalize a joint venture for SMR power plants by 2026 and is expanding its Data Center business into Thailand and India.

  • •GPSC is in negotiations for a joint venture in SMR power plants that are already commercially operating abroad, with a decision expected by 2026.
  • •The company aims to develop its Data Center business in Thailand by supplying electricity and acting as a strategic local partner.
  • •GPSC is also planning to invest in Data Centers in India, starting with a capacity of up to 50 MW and expanding to 300 MW within 3-5 years.
  • •Divisional company Avaada Energy Private Limited (AEPL) is slated for an IPO in India in 2027 to fund further expansion.

Overview

  • •GPSC expects a conclusion on the SMR power plant joint venture in '69.
  • •GPSC is negotiating with partners from China and Europe for SMR projects.
  • •SMR power plants are considered clean energy technology that can provide stable electricity and reduce carbon emissions.
  • •The draft Thai Power Development Plan (PDP) initially allocated 600 MW for SMR plants by 2037, with potential for increased private sector investment in future PDPs.
  • •GPSC plans to invest in Data Centers in Thailand, acting as an electricity supplier and Strategic Local Partner.
  • •GPSC will invest in Data Centers in India, starting with a capacity of up to 50 MW and planning to expand to 300 MW within 3-5 years.
  • •Avaada Energy Private Limited (AEPL) is expected to go public (IPO) on the Indian stock market in '70 to raise funds for expansion.
  • •GPSC is negotiating to extend concessions and electricity sales contracts for the Huay Ho hydropower project in Laos, which expires in 2029.

Full article content is available on the original source.

Read on MGR Online (Thai Version)View in Google Translate

Source: MGR Online (Original)

View Original Article

Key Quotes

Sirimet Li-phakorn
"Expected to reach a conclusion in '69 to prepare personnel for future SMR investment in Thailand."
คาดว่าปี69ได้ข้อสรุป เพื่อเตรียมความพร้อมด้านบุคลากรในการลงทุนSMRในไทยในอนาคต
Sirimet Li-phakorn
"SMR power plants are clean energy technology that can stably meet the country's electricity demand, helping reduce carbon emissions."
โรงไฟฟ้า SMR เป็นเทคโนโลยีพลังงานสะอาดที่สามารถตอบโจทย์ความต้องการใช้ไฟฟ้าในประเทศอย่างมีเสถียรภาพ ช่วยลดการปล่อยคาร์บอนฯ
Sirimet Li-phakorn
"The company plans to bring Avaada Energy Private Limited, a leading renewable energy operator in India, to raise capital on the Indian stock exchange."
บริษัทฯมีแผนนำบริษัท Avaada Energy Private Limited เป็นบริษัทในกลุ่มอวาด้า ซึ่งเป็นผู้ดำเนินธุรกิจพลังงานหมุนเวียนชั้นนำในประเทศอินเดีย เข้าระดมทุนในตลาดหลักทรัพย์อินเดีย

Key Entities

Organization

Global Power Synergy PCL(GPSC)ℹ️
Thai energy company that is exploring joint ventures for SMR power plants and expanding into the Data Center business in Thailand and India.
Data Centerℹ️
Business sector that GPSC is expanding into in Thailand and India.
Electricity Generating Authority of Thailand (EGAT)(กฟผ.)ℹ️
State-owned enterprise that GPSC has existing and upcoming power purchase agreements with.
Avaada Energy Private Limited
Indian renewable energy company within the Avaada Group, in which GPSC holds a stake, that is planned for an IPO.
Avaada Group
Conglomerate that Avaada Energy Private Limited belongs to, and is a leader in renewable energy in India.
Copenhagen Infrastructure Partners (CIP)(บริษัท โคเปนเฮเกน อินฟราสตัคเจอร์ พาร์ทเนอร์ส (CIP))ℹ️
GPSC's partner for a wind power project in Savannakhet, Laos.

Person

Sirimet Li-phakorn(นายศิริเมธ ลี้ภากรณ์)
Managing Director and Acting Chief Operating Officer of GPSC.

Place

Lao People's Democratic Republic (Laos)(สปป.ลาว)ℹ️
Country where GPSC plans to invest in a wind power project in Savannakhet.