In India, BNN Breaking reported that PTG Energy, an oil trading company in Thailand, has made a strategic investment in the waste-to-energy (WTE) sector.
According to the report, the company recently acquired additional shares in Thai Paiboon, a local refuse-derived fuel (RDF) producer and distributor, with an aim to hold a 33.3% stake.
Thai Paiboon specializes not only in waste management but also in the development of waste management systems and machinery. Currently, the company is involved in a local waste management project in Songkhla and a 4.5-megawatt WTE project for the Provincial Electricity Authority. Thai Paiboon plans to increase its waste processing capacity from 2,000 to 3,000 tons per day and expand its waste separation facilities to 30 plants across Thailand, the report added.
More on the story.
Tags: PTG Energy, Thai Paiboon, Thailand, waste-to-energy
Category: Fuels
