Banpu retains focus on new investments - News Summed Up

Banpu retains focus on new investments


Banpu retains focus on new investmentsBanpu's Beryl solar farm in New South Wales, Australia has a capacity of 110.9 MWdc. SET-listed Banpu Plc, a non-oil energy conglomerate, will continue to focus on new investments under its greener and smarter strategy to drive business expansion. The company expects to increase its investment budget for the five-year business plan (2021-2025), which covers all core businesses as the global economy is recovering. "The budget for three years [2021-2023] is set at 42.5 billion baht, but the company expects to spend more," said Mrs Somruedee. During the first six months of 2021, Banpu saw its revenue increase by 33% year-on-year to US$1.53 billion, or approximately 47 billion baht.


Source: Bangkok Post August 18, 2021 00:00 UTC



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