Gulf Energy Development Public Company Limited ("GULF") is one of Thailand's largest independent power producers and suppliers. As a holding company,GULF maintains equity stakes in subsidiary companies which primarily operate electricity, steam and chilled water generation facilities, as well as other related businesses. Its equity partners include both domestic firms and international corporate groups, such as J-Power, a leading power producer based in Japan, and Mitsui & Co, a leading Japanese trading firm with investment experience in utilities and power plant projects. It also supplies steam and chilled water from its SPP gas-fired power plants to industrial clients in several industrial estates, including WHA industrial estates and Hi-Tech Industrial Estate. This means that it will become one of the top independent gas-fired power producers in ASEAN, and reflects thesignificant potential to enhance its production capacity and Thailand's energy security on a regional scale.
Source: Bangkok Post November 10, 2017 05:03 UTC