PTT Promotes Hydrogen and CCS Technologies in New Investment Plan
PTT PCL is promoting hydrogen fuel and carbon capture and storage technologies as part of its new 5-year investment plan (2025-2029) with an 89 billion baht budget and a future investment budget of 106.932 billion baht. This initiative aligns with Thailand's PDP 2024 policy to achieve Net Zero emissions by 2065. PTT's new CEO, Kongkrapan Intarajang, aims to balance economic, social, and environmental goals, increase clean energy production, and enhance operations through digitalisation and AI.
PTT PCL, a state enterprise listed on the stock exchange, is set to promote hydrogen fuel and carbon capture and storage (CCS) technologies as part of its new 5-year investment plan (2025-2029), in line with Thailand's PDP 2024 policy.
The plan, which has an 89 billion baht budget with a future investment budget of 106.932 billion baht, aims to help Thailand achieve Net Zero emissions by 2065.
Unveiled by PTT's new CEO, Kongkrapan Intarajang, the strategy focuses on balanced sustainability in economic, social, environmental, and governance contexts.
This includes evaluating underperforming businesses, enhancing internal operations with digitalisation and AI, and aligning with the government's clean energy policies.
PTT is also involved in promoting biodiesel and participating in exploring overlapping maritime areas between Thailand and Cambodia to boost national energy security.