Pongpun Amornvivat, Senior Executive Vice President, Gas Business Unit at PTT Public Company Limited (SET: PTT), revealed that PTT and PTT Oil and Retail Business Public Company Limited (SET: OR), in collaboration with the Federation of Thai Industries (FTI), have signed a memorandum of understanding (MOU) for the “Cooperation Project to Enhance SMEs’ Potential in Energy and Thailand’s Economic Sustainability.”
The objective of this collaboration is to integrate the strengths of the three organizations. FTI will act as the center, connecting the SME network. PTT will provide digital solutions and expertise in enhancing energy efficiency and reducing greenhouse gas emissions, while OR will invest in related machinery and technologies and offer consultancy in business model development.
The project aims to elevate 300–500 SMEs, enabling them to effectively manage their energy usage in line with the low-carbon economic direction and environmental standards, with a total budget of THB 400 million over two years.
Simultaneously, PTT emphasizes the importance of SMEs as a main engine of the Thai economy, contributing over 35% of the country’s GDP. PTT will act as a total integration platform, linking SMEs to energy infrastructure, digital solutions, and smart energy management systems. These measures are designed to enable SMEs to efficiently manage energy use, lower business operating costs, and enhance their long-term competitiveness, while acquiring knowledge on energy efficiency and greenhouse gas reduction.
The initiative will tangibly support the transition to a low-carbon economy, strengthen the energy ecosystem, and enhance the competitiveness and sustainability of Thailand’s industrial sector and national economy.
Apichit Prasoprat, Vice Chairman of FTI, stated that FTI, through the Small & Medium Industrial Institute (SMI), will connect its SME industrial network members nationwide to access energy and energy management solutions. A key feature of the project is that SMEs do not need to invest upfront, as they receive support from the PTT group in terms of both investment and expert knowledge.
M.L. Peekthong Thongyai, Chief Executive Officer of OR, stated that OR is ready to support technology, experts, and comprehensive energy services, including solar cell systems, Heat as a Service / Cooling as a Service systems, as well as integrated industrial water management solutions.
OR will also invest in relevant machinery, equipment, and technologies to help reduce energy costs for SMEs, along with providing consultancy to develop efficient energy business models and support sustainable long-term growth.
