ชวลิต ถนอมถิ่น

RT Jumps 12% after Acquiring THB1.6 Billion Hydroelectric Power Project in Lao

Right Tunnelling Public Company Limited (SET: RT) announced on November 29, 2022, that the company has acquired a new project in November for a construction of Civil Work for Permanent Structure, Luang Prabang Hydroelectric power project, Lao P.D.R, with CH. Karnchang (Lao) Co., Ltd.

The owner of the project is Luang Prabang Power Co., Ltd, with a project total value of 1,615,000,000.00 Baht (including VAT).

The contract period starts from June 1, 2023 to January 1, 2028.

The share price of RT rose THB 0.17 or 12.32% to THB 1.55 per share, with a total trading value of THB 47.98 million.