The Think Environmental signs S$19.6 million Thai power plant contract

The Singapore-based renewable energy investment company is set to build a rice husk fired biomass power plant in Surin, Thailand, enough to power 10,000 homes.

The Think Environmental Co Ltd's subsidiary Industrial Power Technology Pte Ltd (IPT) and its associated company, Industrial Power (Thailand) Co., Ltd have signed an EPC (engineering, procurement and construction) contract with Surin Bio Power worth approximately S$19.6 million to build a rice husk fired biomass power plant in the Surin Province in Thailand, according to a company announcement.

The proposed power plant in Surin is said to consume approximately 90,000 tons of rice husk per annum and would represent IPT’s fourth biomass power plant in Thailand, following the 2008 ASEAN Award winning Mungcharoen Green Power Plant.

Mr Danny Hoon, CEO of IPT said, “Thailand represents an important part of our business and we are pleased to secure this project with Surin Bio. Surin Bio has shown tremendous interest and commitment in pursuing this project and IPT is honored to be chosen as the EPC for this undertaking. We look forward to breaking ground on the project as soon as possible.”

According to the report, the project will see IPT design, engineer, supply, supervise, install, test and commission the Surin power plant, which will have a capacity of 9.9 megawatts, enough to power over 10,000 homes.