The GPSC Energy Recovery Project is 250MW oil fired power project. It is planned in Chon Buri, Thailand. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2019 and is expected to enter into commercial operation in 2025. Buy the profile here.
Description
The project is being developed and currently owned by Global Power Synergy Public. The company has a stake of 100%.
It is a Thermal power plant. The fuel will be procured from Thai Oil Refinery.
The project cost is expected to be around $202.55m.
Development status
The project construction is expected to commence from 2019. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Thai Oil Public under a power purchase agreement for a period of 25 years. The offtake capacity is expected to be 200MW.
For more details on GPSC Energy Recovery Project, buy the profile here.
About Global Power Synergy Public
Global Power Synergy Public Co Ltd (GPSC), a subsidiary of PTT Global Chemical Public Company Limited, is a power utility that generates and supply electricity and thermal energy. The company produces energy from natural gas, hydro, and solar sources. It has interests in SSE1, RPCL, GPSC, and CHPP; and under construction, power projects NNEG, IRPC-CP, NL1PC, and XPCL in Thailand and Laos. GPSC also supplies processed water to industrial and residential customers. The company transmits the generated electricity to the Electricity Generating Authority of Thailand and industrial customers in Thailand. It operates in Thailand, japan, Myanmar, Laos and Hong Kong. GPSC is headquartered in Bangkok, Thailand.