Thachang Green Energy Acquires Waste to Energy Project for 9.9MW Power Plant

Thachang Green Energy Public Company Limited (SET: TGE) announced that on October 25, 2022 that Thachang Energy Solution (Tha Chin) Co., Ltd. (a subsidiary holding 99.6% shares) has been selected to invest, develop, and operate its municipal solid waste (MSW) disposal (waste to energy) project with 25 years of Build-Own-Operate (BOO) contract period, and the power plant of this project is expected to have 9.9 MW of installed capacity and 8.0 MW of power purchase agreement (PPA) capacity.


TGE closed the morning session on October 25 at 1.95 per share, increased to 0.05 baht or 2.63%. However, the gainin the morning started to decline in the afternoon session after the announcement.