Thailand’s TPIPP allocates 14 billion baht to phase out coal by 2026

Photo Courtesy of Facebook (Chamnarn Kaewkhon)

TPI Polene Power Plc (TPIPP), the leading waste-to-energy project developer and operator in Thailand, is set to continue its five-year capital expenditure plan of 14 billion baht. The plan, which began last year, aims to replace coal usage with renewable energy sources and increase the company’s power generation capacity.

TPIPP has earmarked 3 billion baht for projects focused on reducing coal imports and eliminating coal-fired power generation by 2026, according to Worawit Lerdbussarakam, the company’s vice president. In 2021, coal accounted for half of the total electricity generation of 440 megawatts. By 2024, coal usage is projected to decrease by 30% to 150MW of the new total capacity of 502MW.

Worawit Lerdbussarakam confirmed that all power plants would be coal-free by 2026, with the total power generation capacity…

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