Thailand’s power generation and renewable energy sectors saw an immediate boost on Thursday afternoon after the Constitutional Court cleared the government’s emergency THB 400 billion loan decree with a decisive 7-2 majority vote.
The ruling has dissolved a major policy bottleneck, unleashing immediate buying momentum across major utility and green energy players that are heavily positioned to benefit from the decree’s planned infrastructure investments.
Following the mid-day announcement, trading volumes surged for energy firms linked to the state’s long-term clean energy roadmap:
- Gunkul Engineering Public Company Limited (SET: GUNKUL) rose 2.56% to THB 4.80.
- B.Grimm Power Public Company Limited (SET: BGRIM) gained 2.15% to THB 19.00.
- Global Power Synergy Public Company Limited (SET: GPSC) climbed 2.69% to THB 47.75.
The court’s decision provides critical financial and regulatory backing for the second half of the borrowing scheme, which dedicates THB 200 billion specifically to structural energy adjustments, carbon credit networks, and the expansion of the domestic EV ecosystem.
This structural certainty is expected to sustain foreign direct investment (FDI) inflows, particularly for hyperscale data center operators whose expansion plans in Thailand are contingent on a guaranteed, state-backed supply of green energy options.
