Thailand: Hemaraj Energy, Gulf MP ink JV to co-invest $940m in power projects

Image from Hemaraj's website.

Hemaraj Energy, a power arm of Thailand’s industrial estate developer Hemaraj Land and Development Pcl, has signed a memorandum of understanding (MOU) with Gulf MP to co-invest 34 billion baht ($936.6 million) in developing five small-sized co-generation power plants with total electricity capacity of 630 MW.

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