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Thursday, April 25, 2024

BCPG announces capital expenditure at B39bn for expansion

SET-listed BCPG Plc, a power generation flagship of Bangchak Corporation, announces capital expenditures for this year at 39 billion baht for business expansion. (Photo: BPCG)

SET-listed BCPG Plc, a power generation flagship of Bangchak Corporation, announced capital expenditures for this year at 39 billion baht for business expansion in domestic market and overseas.

Niwat Adirek, president and chief executive of BCPG said 77% of the total capital expenditure was planned to spend for the new project development and the rest of 23% was planned for asset acquisition.

One of the business chances that BCPG foresees is the impact of bank-run situations in the USA and Switzerland which may deteriorate the corporation’s liquidity.

“We…

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