UPDATE 1-Thai PTT power unit aims to raise $340 mln from IPO in May

April 20, 2015 9:33 AM

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* Aims to boost generating capacity to 2,800 MW by 2019 (Adds investment plan, details)

BANGKOK, April 20 (Reuters) - Global Power Synergy Co (GPSC), the flagship power unit of Thailand's top energy firm PTT Pcl, plans to raise about 11 billion baht ($340 million) from an initial public offering in May, a company executive and a financial adviser said on Monday.

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