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Bangkok Post
Bangkok Post
Business

CKP plans B12.5bn investment in LPCL shares

CKP Thanawat Trivisvavet CK Power Plc Laos Luang Prabang
The Nam Ngum 2 Hydroelectric Power Plant in Laos. (Photo supplied)

CKPower Plc (CKP), the power generation arm of constructor CH Karnchang Plc, is planning to acquire additional ordinary shares worth 21.5 billion baht in Luang Prabang Power Co (LPCL) to support the construction of a third hydropower dam in Laos.

The planned purchase was reported to the Stock Exchange of Thailand (SET) on Wednesday by CPK managing director Thanawat Trivisvavet.

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