Egco sees revenue boost from new power plant
Electricity Generating Public Co Ltd (Egco Group) has completed construction of the “Banpong” power project, a wholly-owned subsidiary of Egco Group, which started commercial operations on October 1, according to group president Jakgrich Pibulpairoj.
Egco Group will realise the additional income from the new power plant from the fourth quarter of this year, he added. The Banpong power plant, in Ratchaburi province, with its cogeneration system, “supports efficient fuel consumption which partly enhances the country’s power security”, he added.
The plant, in Tapha subdistrict, Banpong district, consists of two units with gross electricity output of 256 megawatts. Each unit has total installed capacity of 128MW comprising two gas turbines producing 44MW each and a 40MW steam turbine.
The power plant will sells its 180MW output to the Electricity Generating Authority of Thailand under a 25-year power purchase agreement, while the rest of the electricity output and steam from the electricity generating process will be sold to industrial users.
