Bio Green Energy Tech PCL

SET:BIOTEC

Business Description

Sector

Industrials

Industry

Marine

Headquarters

Thailand TH

IPO date

Dec 29, 1989

Bio Green Energy Tech is a Thai renewable energy company that develops and runs power projects tied to biomass and other bio-based fuel sources. It builds or acquires generating assets, turns agricultural or organic waste into usable energy, and sells that power into the electricity system. In simple terms, it sits between waste feedstock suppliers and the grid, helping convert low-value materials into electricity.

Its main customers are the utilities and large power buyers that take electricity under long-term power agreements. The company also depends on farmers, industrial suppliers, and other feedstock providers that supply the raw material used to make energy. It makes money mainly by selling electricity and, where relevant, by earning fees or project income from operating and managing energy assets.

What makes the business model different is that it is not just a fuel trader or a power reseller. It has to secure steady supplies of biomass or organic feedstock, manage plant operations, and meet strict grid and environmental rules. That makes it a hybrid of energy producer, waste-to-energy operator, and long-term infrastructure business.