Bangpa-In Cogeneration Company Limited (BIC), a proud arm of CK Power Public Company Limited (CKPower), has clinched the esteemed CSR-DIW Continuous Award 2024. CKPower stands tall among Southeast Asia’s leading electricity producers committed to renewable energy and champions a remarkably low carbon footprint. This accolade comes courtesy of the Department of Industrial Works, hailing organizations that prioritize and meticulously execute robust corporate social responsibility (CSR) practices, in line with established exemplary standards. Representing BIC, Mr. Decha Chantawee, Plant Manager, graciously accepted the award from Mr. Sunthron Kewsawang, Deputy Director-General of the Department of Industrial Works. The ceremony unfolded in the grandiose Royal Jubilee Ballroom, nestled within the Challenger Hall of IMPACT Muang Thong Thani, Nonthaburi.
At the helm, Mr. Thanawat Trivisvavet, Managing Director of CKPower, beamed with pride as he remarked on their triumph. Garnering the CSR-DIW Continuous Award for a third successive year is a testament to their steadfast dedication to the C-K-P Strategy—a trifecta blueprint that interlaces all facets of sustainability. In this strategy, C represents Clean Electricity, K for Kind Neighbor—social and community engagement, and P for Partnership for Life, emphasizing resilient governance and business alliances.
This innovative approach fuels their mission to supply clean, dependable electricity, nurture strong community bonds, and foster enduring partnerships with all stakeholders in their orbit. Under this strategic vision, BIC has pioneered significant initiatives, notably the ‘Clean Canals, United Communities for a Better Environment’ project. The endeavor involves deploying solar-powered water turbines that purify water for the Ban Lane community in Bang Pa-In District, Ayutthaya Province. This initiative generated 1,400 watts of renewable energy for the community, simultaneously educating over 250 children, youth, and residents on the nuances of renewable energy and adept environmental stewardship. Furthermore, CKPower promotes workforce wellness through the invigorating ‘Calories for Happiness’ scheme, a program designed to encourage regular physical activity and vitality among employees.
Such endeavors resonate harmoniously with their comprehensive stakeholder engagement framework and align perfectly with the United Nations Sustainable Development Goals (SDGs). The CSR-DIW Continuous Award beautifully underscores CKPower’s adherence to comprehensive CSR standards spanning seven critical dimensions: organizational governance, human rights, labor practices, environmental stewardship, fair operating principles, consumer concentration, and community engagement. This prestigious recognition is a resounding affirmation of CKPower’s unwavering commitment to advancing its business ethos while sowing seeds of lasting value for communities and the planet.
Delving into the powerhouse that is CK Power Public Company Limited (CKPower), the company delves into the production and distribution of electricity moored across three energy sources within its impressive portfolio of 18 power plants. The total installed capacity stands at a formidable 3,640 MW. This includes (1) three hydroelectric power plants: the Nam Ngum 2 Hydroelectric Power Plant, dispensing 615 MW of power, operated by Nam Ngum 2 Power Company Limited (with CKPower holding a 46% stake through its investment in SouthEast Asia Energy Limited); the Xayaburi Hydroelectric Power Plant, boasting 1,285 MW, managed by Xayaburi Power Company Limited (42.5% stake held); and the Luang Prabang Hydropower Project, with a capacity of 1,460 MW, helmed by Luang Prabang Power Company Limited (LPCL) (50% stake owned). Additionally, it operates (2) two cogeneration power plants with a collective 238 MW capacity, under Bangpa-in Cogeneration Limited (65% stake owned); and (3) manages 13 solar power plants. This comprises 11 plants owned wholly by Bangkhenchai Company Limited totaling 28 MW, one under Nakhon Ratchasima Solar Company Limited (30% stake) with a 6 MW capacity, and another under Chiangrai Solar Company Limited (30% stake) with a capacity of 8 MW.
I’m thrilled to see Bangpa-In Cogeneration being recognized for their efforts! We need more companies like this dedicated to sustainable energy.
But are they really doing enough? Big corporations always greenwash their achievements to look good.
I agree greenwashing is a concern, but multiple awards suggest genuine impact. We need to hold them accountable, though. Can’t dismiss every effort.
It’s not perfect, but isn’t some action better than none? At least they are setting an example for others.
I believe actions like their ‘Clean Canals’ project are definitely steps in the right direction. More companies should follow suit.
Everyone talks about renewables, yet hydroelectric power often leads to ecological disruption. Isn’t it time we consider alternatives like advanced nuclear?
Hydroelectric projects can have adverse ecological impacts. It’s crucial they implement measures to minimize harm.
True, but it’s a trade-off situation. We must weigh ecological impacts with renewable energy benefits.
Three years of winning this award proves CKPower’s commitment to a cleaner planet. Kudos to them!
Awards don’t necessarily prove lasting change. We should look at continuous improvement and real-world data.
CKPower’s impressive capacity across hydro, cogeneration, and solar is vital for energy diversification in the region.
When big corporations step up like this, it’s a win for everyone. It’s especially nice to see their involvement with local communities.
I wonder how much they actually care versus just seeking good PR.
Possibly, but community engagement helps them build lasting relationships. It’s good business and good ethics.
I’m glad they’re focusing on stakeholder engagement and not just profits. That’s the future of business, like it or not.
While this recognition is great, I’m more interested in how CKPower plans to scale access to clean energy.
Why isn’t there more investment in solar? It’s the least disruptive of all renewable energy sources.
Solar has its drawbacks too, like energy storage and land use. A balanced approach is necessary.
Did anyone notice that CKPower has only a small portion of solar compared to hydro? Are they just hedging their bets on old technology?
Solar’s growth might seem slow, but it’s important to ramp up various types of renewable energy for stability.
The ‘Calories for Happiness’ initiative is underrated. Employee wellness is key to sustainable company growth.
It’s a shame they own only 30% of the solar plants mentioned. Ownership means commitment!
Are there any plans for CKPower to expand into wind energy? That’s a major renewable they’re missing!
Can this model of multi-faceted energy production be replicated by smaller companies, or is it only viable for big corporations?
Large corporations have the capital, but small companies could partner within the framework. Innovation needs collaboration.
I don’t really understand why renewable energy is such a big deal. Isn’t regular electricity good enough?
Renewables reduce our carbon footprint drastically. It’s all about leaving a better planet for future generations.
I guess that’s important, but it all seems so complicated. Are usual sources that bad?
It’s vital that CKPower continues their sustainable initiatives. Leadership in renewables needs not only awards but constant innovation.
Isn’t it funny how we celebrate these achievements while ignoring the fact that the existing regulatory framework often lags behind?