Ratch Group Public Company Limited (RATCH) has previously reported about the 99.97% investment in Ratch Cogeneration Company Limited (RCO), a Small Power Producer with net power generating capacity of 110 megawatts and steam generating capacity of 10 tons per hour. RCO has 90 megawatts firm cogeneration Power Purchase Agreement with Electricity Generating Authority of Thailand (EGAT) for 25 years. The remaining power and steam will be sold to industrial users in Navanakorn Industrial Promotion Zone in Pathum Thani Province, Chum Num Subb Industrial Property Project, National Science and Technology Development Agency (NSTDA) and neighboring areas. The Power Plant has been commercially operating since 31 October 2013.
RATCH announced that on 4 August 2020, Ratch Cogeneration Company Limited has received EGAT’s consent for its expansion of power generating capacity by approximately 30 megawatts and steam generating capacity by approximately 5.46 tons per hour in order to sell the additional power and steam to the aforementioned industrial users. The investment cost will be approximately Baht 1,600 million. The construction is scheduled to begin in February 2021 and the project is expected to commence commercial operation in July 2022.