The first cooling tower of Hongsa power plant in Laos is completed.

Firm seeks quick cash flow in region

Banpu, with more than Bt10 billion of cash in hand, is looking to expand its regional presence with a focus on existing power plants and coal mines. “Investment targets must be able to generate cash flow immediately after the transaction,” said Chanin Vongkusolkit, chief executive officer of the energy company, which now operates in six countries: Thailand, Laos, Indonesia, China, Australia and Mongolia. More…