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Thai Renewable Energy Stocks Rally Following Court’s Approval of THB400 Billion Loan Decree
Affected tickers
Per-ticker News Sentiment Indicator
- BGRIMmacro · positive · high
The Constitutional Court's approval of the THB 400 billion loan decree provides critical financial backing for infrastructure investments that benefit BGRIM's clean energy roadmap.
- GLOBALother · neutral · high
The article discusses renewable energy and utility stocks, but does not mention Siam Global House Public Company Limited or its business operations.
- GPSCmacro · positive · high
The Constitutional Court's approval of the THB 400 billion loan decree provides structural certainty and funding for energy infrastructure projects, directly benefiting GPSC's clean energy roadmap.
- MAJORother · neutral · high
The article focuses on renewable energy and utility stocks, providing no material information regarding the business operations or financial outlook of Major Cineplex Group Public Company Limited.
Article body
Thailand’s power generation and renewable energy sectors saw an immediate boost on Thursday afternoon after the Constitutional Court cleared the government’s emergency THB 400 billion loan decree with a decisive 7-2 majority vote.
The ruling has dissolved a major policy bottleneck, unleashing immediate buying momentum across major utility and green energy players that are heavily positioned to benefit from the decree’s planned infrastructure investments.
Following the mid-day announcement, trading volumes surged for energy firms linked to the state’s long-term clean energy roadmap:
Gunkul Engineering Public Company Limited (SET: GUNKUL) rose 2.56% to THB 4.80.
B.Grimm Power Public Company Limited (SET: BGRIM) gained 2.15% to THB 19.00.
Global Power Synergy Public Company Limited (SET: GPSC) climbed 2.69% to THB 47.75.
The court’s decision provides critical financial and regulatory backing for the second half of the borrowing scheme, which dedicates THB 200 billion specifically to structural energy adjustments, carbon credit networks, and the expansion of the domestic EV ecosystem.
This structural certainty is expected to sustain foreign direct investment (FDI) inflows, particularly for hyperscale data center operators whose expansion plans in Thailand are contingent on a guaranteed, state-backed supply of green energy options.