Ratch purchases Indonesian plants to replace capacity
published : 26 Jun 2021 at 10:01 A power plant owned by Ratch Group in Ratchaburi.
Ratch Group Plc, Thailand s largest private power generation firm by capacity, has stressed its recent acquisition of 2,045-megawatt (MW) coal-fired thermal power plants from PT Paiton Energy (PE) in Indonesia was appropriate given the scarcity of power generation assets for sale in the market.
The company said the purchase was needed as concessions for Ratch s ageing gas-fired power plants in Ratchaburi are due to end over the next several years after almost two decades of operations.
Ratch needs to find new power generation facilities, said chairman Boonyanit Wongrukmit, who is also governor of the state-owned Electricity Generating Authority of Thailand (Egat).
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The State Enterprise Policy Office (Sepo) has vowed to expedite disbursement of state enterprise investment, reaching 80-85% of its total investment budget this year, with a goal to increase economic growth.
Electricity demand in Thailand can experience growth again, with an 0.8% increase in demand, in the second half of this year if 100 million doses of Covid-19 vaccines are administered to 50 million people under the state's mass inoculation scheme.
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Promoting the introduction of renewable energy and contributing to the reduction of greenhouse gas emissions
TOKYO, May 28, 2021 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) and Hitachi Asia (Thailand) Co., Ltd., a local corporation in the Kingdom of Thailand (Thailand) today announced that they have been selected for participation in a demand response(1) (DR) demonstration project driven by the Electricity Generating Authority of Thailand (EGAT), as system vendors of the EGAT-adapted DR management system (DRMS)(2)..
The project aims for system design and implementation to optimize power supply and demand balance in accordance with the comprehensive energy policy plan, Smart Grid Development Master Plan(3) that is led by the Thai government.