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GPSC – Meranti studies clean energy enter a steel mill in Thailand

Bangkok, June 14- GPSC – Meranti signed a joint study to develop a clean energy project. Enter the steel factory, expecting to use 150 MW of electricity, focusing on both solar energy, wind energy and hydrogen energy. to increase the efficiency of high quality steel production Aiming to be the first green steel plant in Southeast Asia

Mrs. Rosaya Thienwan, Executive Vice President, Business Development, Global Power Synergy Public Company Limited or GPSC, the innovative power flagship of PTT Group, revealed that today (June 14, 2023) GPSC has signed the In a memorandum of cooperation (MOU) with Meranti Steel Company Limited (Meranti Steel Pte.Ltd.), a leading steel manufacturer in Singapore. To study the feasibility of developing clean energy projects. And energy management systems for use in the production process of steel that is environmentally friendly. Meranti plans to set up a high-quality steel factory in Thailand. focus on clean energy both in the group of solar energy and wind energy

It is expected that the demand for electricity will be about 150 megawatts. The study plan is for 2 years and can be extended for another 1 year. clean energy for energy cost management to be competitive in the long term Including the development of suitable energy solutions that are acceptable to both parties in the study of the project. It also includes the development of cooperation to establish joint venture companies in the future as well.

“This is a significant collaboration for GPSC and Meranti in the development of innovative energy technologies. with a mix of renewable energy and the use of hydrogen energy, which is the industry technology of the future, to increase efficiency along with reducing carbon dioxide as much as possible,” said Mrs. Rosaya.

Mr. Sebastian Langendorf, Chief Executive Officer of Meranti Steel Co., Ltd. said that the company aims to create sustainability for the steel industry in Thailand. that can create economic growth coupled with environmental responsibility The company plans to set up a steel plant in the Map Ta Phut area, Rayong province, with a small production capacity of 2 million tons per year, expected to start commercial production within the second half of 2027, which will use modern technology combined with innovative energy and management concepts. sustainability As a result, this steel plant can reduce carbon dioxide emissions by 3 million tonnes per year compared to traditional process technology.-Thai News Agency

Source: Thai News Agency