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IEAT Partners with GPSC to Pioneer an Advanced Utility System in the Smart Park Industrial Estate.

18 Oct 2023

On October 18, 2023 The Industrial Estate Authority of Thailand (IEAT) collaborates with four major energy companies to explore the feasibility of co-investing in collaborative ventures and establishing an affiliated utility management company under the IEAT. The primary objective is to deliver energy management services, while integrating a smart utility system into the Smart Park Industrial Estate, all in alignment with the criteria for achieving the status of a smart industrial estate.

Following the signing of a memorandum of cooperation to explore the feasibility of jointly investing in intelligent utility initiatives within the Smart Park Industrial Estate, Mr. Weris Amrapal, Governor of the Industrial Estate Authority of Thailand (IEAT), shared insights. The collaborative effort includes four prominent companies: B.Grimm Power Public Company Limited, Global Power Synergy Public Company Limited, Earth Electric Supply Company Limited, and Triple P Technology Company Limited. IEAT recognizes that all four of these companies possess expertise in innovation and sustainability within the energy and electricity sectors. They are committed to establishing energy and public utility security to facilitate the growth of the domestic industry and ensure the sustainable development of the country.

Worawat Pittayasiri, CEO and President of Global Power Synergy Public Company Limited (GPSC), an innovative power flagship of PTT Group, emphasizes GPSC's extensive experience in managing a wide range of power plants, including those powered by conventional sources like the Map Ta Phut facility in Rayong Province, known for its robust electricity infrastructure and operational flexibility, as well as renewable energy sources such as water energy, solar power, and RDF fuel, both at home and abroad, GPSC boasts a proven track record in pioneering electric power innovations. These include cutting-edge advancements in energy storage technology and the efficient management of microgrids. GPSC stands ready to craft forward-thinking solutions by harnessing technology and an efficient digital operating system to create modern network services. These solutions are customized to meet the specific requirements of entrepreneurs within the Smart Park Industrial Estate, providing them with a competitive edge while harmonizing with the evolving global energy landscape. Our initiatives align seamlessly with the objectives of the Eastern Economic Corridor Development Project (EEC) and underscore our unwavering commitment to sustainability, as we work towards realizing a Net Zero Emissions society.

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