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Bio Energy to increase powerplants capacity

Thai-based Bio Energy, a biofuel production business under the Mitr Phol Group, has allocated 3 billion baht (US$99.4 million) to increase the capacity of its two biofuel power plants by a combined of 68 megawatts by the end of this year, partly for sale to the national power grid under the new round of purchases from small power producers (SPPs). The Electricity Generating Authority of Thailand (Egat) will open up opportunities for SPPs to sell electricity to the power grid soon. Suwat Kawolpanus, managing director of the groups power business, stated that Bio Energy had sold electricity from its two biofuel power plants–Dan Chang Bio-Energy and Phu Khieo Bio-Energy–to the power grid since 2004, with contract periods of 21 years each. The plants can help reduce carbon emissions by roughly 200,000 tons per year. (September 28, 2010)