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UAC allots B300m for renewable drive

UAC Global’s biogas power plant in Khon Kaen’s Phu Pha Man district.

UAC Global Plc, a chemical trader and clean power operator, plans to allocate 300 million baht to support diversification into renewable energy and oil production development.

Roughly 20 million baht is for the development of a 3-megawatt biogas power plant in Khon Kaen, said Chatchapol Prasopchok, president and chief executive of UAC Global.

This power plant is among the projects under the government’s Energy for All renewable scheme, which encourages businesses and communities to jointly invest in biomass and biogas-fired power plants.

The facility is scheduled to start operation within the third quarter of this year.

The plant’s second-phase development is…

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