Egat signs on for Ratch’s coming Ratchaburi power plant
Ratch Group Public Company Limited on July 12 signed a 25-year power-purchase agreement with the Electricity Generating Authority of Thailand (EGAT) involving its 1,400-megawatt natural-gas facility in Hin Kong, Muang Ratchaburi.
The plant’s first block goes into commercial operation in 2024 and the second in 2025.
Ratch in May established Hin Kong Power Company Limited, a wholly owned subsidiary, to finance and develop the Hin Kong combined-cycle power plant with two blocks of 700MW installed capacity each.
Chief executive Kijja Sripatthangkura said the plant would help secure and stabilise power generation in the West and South.
The natural gas-fired plant will be constructed on the current site of the Tri Energy power plant, which will cease operations in 2020.
An environmental impact assessment and public consultations are underway.
Ratch adheres to the principle of sustainable development by focusing on collaboration with all relevant people and agencies, strictly complying with regulations and laws, and minimising and mitigating environmental impacts, Kijja said.
“Ratch strongly believes this power project will help strengthen the infrastructure system of the nation in response to the need for socio-economic development and a high quality of living for all Thais,” he said.
