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Thachang Green Energy PCL TGE.BK · THB

Utilities · SET · 🇹🇭 Thailand

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0.92

-1.08%

Close of 9 Nov 2026, in THB

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About Thachang Green Energy PCL

Its shares trade on SET under the ticker TGE.BK. It has been listed since 19 August 2022. In the fiscal year to 31 December 2025, it reported revenue of THB 1.23bn and net income of THB 231.7m. At that date it held total assets of THB 4.15bn and shareholders' equity of THB 3.11bn.

Thachang Green Energy PCL engages in the provision of electricity generation services. The company is headquartered in Surat Thani, Surat Thani. The company went IPO on 2022-08-19. The firm operates through two segments: Biomass Power Plant, and Waste Power Plant. Its biomass power plant project consists of three projects under 3 companies namely Tha Chang Green Energy Company Limited (TGE), Thachang Power Green Company Limited (TPG), and Thachang Bio Power Company Limited (TBP). The firm generates electricity from the three biomass power plants projects totaling approximately 29.7 megawatts (MW) are sold to the Provincial Electricity Authority (PEA) under the power purchase agreement (PPA) contract, totaling 20.3 MW, and some of the remaining electricity will be sold to the Company, Tha Chang Palm Oil Industry Co., Ltd. (TCP). The company is a biomass power plant project is a small electric power producer with a capacity not exceeding 10 MW.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Utilities
Industry
Independent Power and Renewable Electricity Producers
Listed since
19 Aug 2022
Website
tge.co.th ↗

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Thachang Green Energy PCL operates three biomass power plants generating 29.7 MW total capacity.
  • The company sells 20.3 MW electricity to Provincial Electricity Authority under PPA contract.
  • Tha Chang Palm Oil Industry Co., Ltd. purchases surplus electricity from Thachang Green Energy.

Weaknesses

  • Biomass power plant projects are small producers with capacity under 10 MW each.
  • The company relies on Provincial Electricity Authority for 20.3 MW sales under PPA contract.
  • Thachang Green Energy PCL has only three biomass projects under separate companies.

Opportunities

  • Expanding biomass power plant capacity beyond current 29.7 MW total generation.
  • Increasing electricity sales to Tha Chang Palm Oil Industry Co., Ltd. for surplus power.
  • Growing demand for renewable energy in Thailand's Utilities sector.

Threats

  • Dependence on PPA contract with Provincial Electricity Authority for major revenue.
  • Limited capacity as small electric power producer under 10 MW per project.
  • Potential regulatory changes affecting biomass power plant operations in Thailand.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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