Bangkok--25 Aug--Thai Biogas Energy
The 4.2 MWe project is TBEC´s second large-scale biogas plant adjacent to ThaChang Group in Surat Thani, Thailand. The project is implemented by TBEC under aBuild, Own, Operate, Transfer (“BOOT”) structure. In accordance with the BOOTterms, TBEC is responsible for the design, engineering, finance, construction andoperation of the Biogas Power Plant. TBEC shares the revenues of the project withTha Chang Group. The combined capacity of TBEC two biogas projects at the samelocation is 7 MW. In addition to producing electricity, the projects efficiently treats thewastewater, significantly reduces air emissions and eliminates the smell of openponds to the benefit of local communities. The completion of this project raises TBECannual emissions reductions to 400 000 per year, which is equivalent to taking 135000 cars from the road.
The project is the 9th biogas project by TBEC further strengthening TBEC position asleader in the biogas market in the Mekong region. The project was completed within ayear and within the budget of THB 200 million. The project was fully financed by ICBCThai, with a guarantee from GuarantCo. TBEC is owned by Private Energy Market ofFinland and Al Tayar Energy of Morocco.
Mr Gustaf Godenhielm, Managing Director of Thai Biogas Energy Co.,Ltd., said:“This second project is a testament to our good relations with Tha ChangGroup, and would not have been possible without the successful trackrecord of the first project. We are proud to have the highest electricity
generation efficiency in the biogas sector thanks to the use of exhaustgases of the generators to generate extra electricity in an Organic RankingCycle. ”