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Monday, April 29, 2024

Demco keen on expansion in renewable energy sector

SET-listed Demco, a contractor and engineering service provider, is expanding its clean energy business following diversification into this sector by joining the government’s promoted renewable power development scheme.

A 60MW wind farm operated by Demco generates power in Phetchabun’s Khao Kho district.

The company proposed power generation projects in an auction for the 5.2-gigawatt renewable power scheme, overseen by the Energy Regulatory Commission (ERC), said Pongsak Sirikupt, chief executive and managing director of Demco.

The projects include a 90-megawatt solar farm in the small power producer segment and an 8MW solar farm in the very small power producer category.

Demco’s proposals have qualified for the final round of the auction.

The ERC is scheduled to announce the winners in April.

The 5.2GW capacity is projected to come from four renewable…

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