Floating Button
Home News Infrastructure

Keppel subsidiary spends $311k to increase stake in Thailand district cooling system project

Lim Hui Jie
Lim Hui Jie • 2 min read
Keppel subsidiary spends $311k to increase stake in Thailand district cooling system project
Keppel announced that it increased its stake from 26% to 42% by acquiring a 16% stake in the joint venture. Photo: Keppel Corp
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

A subsidiary of Keppel Corp has spent about THB8 million ($311,000) to increase its stake in a THB7.5 billion district cooling system (DCS) project in Bangkok, Thailand.

This was done through Keppel DHCS, which is a wholly-owned subsidiary of Keppel Infrastructure. Keppel Infrastructure is in turn, a wholly-owned subsidiary of Keppel Corp.

In 2020, a consortium comprising Thai renewable energy company BCPG, Keppel DHCS, and Thai engineering consultancy TEAM Consulting Engineering and Management were awarded a contract by the Property Management of Chulalongkorn University (PMCU) for the DCS project, worth more than THB 7.5 billion ($329 million at the time).

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.