SET-listed Ratch Group is seeking business partners for two units of a gas-fired power plant in Ratchaburi province, with a combined power generation capacity of 1,400 megawatts (MW). The total development cost of this power plant is estimated at US$700 million (22.4 billion baht). Ratch recently announced a redefined business strategy by extending its investment portfolio to new infrastructure projects, and adding to its core competency -- power generation. Mr Kijja said the power business in Thailand is reaching saturation point as the auctions for large power plants will not begin again for a decade. For 2019, Ratch has two investment projects planned: large and small power projects in Thailand.

Source: Bangkok Post May 23, 2019 21:45 UTC