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2 clusters · 3 sources · 26 days · First seen · Last updated

GPSC clean energy expansion in Asia

Overview

Global Power Synergy Public Company Limited (GPSC) is expanding its renewable and clean energy operations across Asia. In India, the company opened a New Delhi office to manage its growing portfolio through a partnership with the Avaada Group, which spans nine states. This regional presence is intended to support India’s 2030 renewable energy goals and prepare its local energy entity for a potential Initial Public Offering (IPO).

In Thailand, GPSC is diversifying its technological focus by signing a Memorandum of Understanding with South Korea’s Korea Hydro & Nuclear Power (KHNP) to study the feasibility of Small Modular Reactor (SMR) technology. Additionally, the company is advancing solar energy infrastructure through a 2.5 billion baht contract for a 148 MW solar farm project, which is expected to begin commercial operations by 2028.

Entities

Global Power Synergy Public Company Limited · Thailand · Avaada Energy Private Limited · New Delhi · Worawat Pittayasiri

Timeline

  1. [BUSINESS] 2 sources
    GPSC expands clean energy footprint through SMR study and solar farm contract

    GPSC is partnering with South Korea’s KHNP to study Small Modular Reactor (SMR) technology in Thailand, while Helios 1 & 2 signed a 2.5 billion baht contract for a 148 MW solar farm project.

  2. [BUSINESS] 2 sources
    GPSC opens New Delhi office to drive India renewable energy expansion

    GPSC has opened a new office in New Delhi to manage its Indian renewable energy portfolio and prepare its partner, Avaada Energy Private Limited (AEPL), for an upcoming IPO.

Sources

infoquest.co.th · naewna.com · thaipost.net