Companies
Thailand QTC Energy acquires 15% in solar farm developer
QTC Energy diversifies into solar farm business by acquiring 15 per cent in Green Earth Power.
QTC Energy Plc, a MAI-listed transformer manufacturer, is to acquire a 15 per cent stake in Green Earth Power through its subsidiary QTC Global Power for 267 million baht ($7.7 million), the company said on Monday.
Green Earth Power is working on a 220-megawatt solar farm project in Myanmar. The project is scheduled to start commercial operations in the first quarter of next year.
Poonphiphat Tantanasin, CEO of QTC, said that it planned to diversify into renewable energy business in a bid to generate more income and reduce risk from solely depending on transformer manufacturing business.
Green Earth Power has been granted a build-operate-transfer contract by Myanmar’s Electric Power Enterprise with a power purchase agreement for 30 years. This will help secure the company’s revenue in the long run, he said.
QTC reported a net loss of 18 million baht in the first quarter of this year, improving from a net loss of 24 million baht in the same quarter in 2016.
Press Release
Exclusive interview with Richi Kukreja, HR Lead Director for Zoetis South East Asia
Zoetis is a global animal health industry leader, dedicated to supporting customers and their businesses in ever better ways. Building on more than 65 years of experience, we deliver quality medicines, vaccines and diagnostic products, complemented by genetic tests, biodevices and a range of services.
Zoetis has been recently certified as one of the Best Places To Work in Thailand for 2021. We went and interviewed Richi Kukreja, HR Lead Director for Zoetis South East Asia, who provided us insights into what makes the company an employer of choice in Thailand.
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Companies
Novo Nordisk certified as one of the Best Places to Work in Thailand
Novo Nordisk Thailand certified as one of the Best Places to Work. An exclusive interview with John Dawber, Vice President and general manager who provides insight into what makes the organization an employer of choice
Novo Nordisk Thailand, affiliate of the global healthcare company with more than 90 years of innovation and leadership in diabetes care, has been recently recognized as one of the best companies to work in Thailand.
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