PTT diversifies to energy-maintenance services

PTT has diversified into energy-maintenance services through a joint venture with a GE Energy subsidiary, Granite Service International. “PTT has no intention to be the operator of a large power plant like the Electricity Generating Authority of Thailand, but we will focus on power maintenance services for industrial plants or oil rig platforms,” PTT president and CEO Prasert Bunsumpun said yesterday. The joint venture (JV), named PTT Management and Engineering (PTTME), will serve both PTT Group companies and other customers, he said. (The Nation)