
SET-listed Gulf Energy Development, Thailand's biggest private power producer by market value, continues to ramp up growth of its energy business by selling electricity from its newly built gas-fired power generation unit in Chon Buri.
The facility, built under the GSRC power plant project, is being developed and operated by Gulf's subsidiary Gulf SRC Co, which sells power to the state-run Electricity Generating Authority of Thailand (Egat) under the independent power producer scheme, according to Gulf's report to the Stock Exchange of Thailand.