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Sunday, May 5, 2024

Gunkul preps 17 projects

Plans to raise funds worth up to B25bn

Gunkul Engineering Plc, a renewables developer and construction firm, plans to raise funds worth 20.8-25 billion baht for the development of 17 renewable energy projects this year under the state’s 5.2-gigawatt renewable scheme, says chief financial officer Thitipong Techaratanayuenyong.

Wind turbines at a wind farm of Gunkul Engineering in Nakhon Ratchasima province.

The company submitted 27 project proposals in an auction organised by the Energy Regulatory Commission early last year and won the right to develop 17, with combined power generation capacity of 832.4 megawatts.

Last month, Gunkul signed 25-year power…

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