Ratchaburi Electricity Generating Holding Public Company Limited is a leading Independent Power Producer in Thailand, with an ambitious vision aiming to be a leading value-oriented integrated energy company in Asia-Pacific. Founded on 7 March 2000, the Company has the issued and paid-up capital of THB14.5 billion and the Electricity Generating Authority of Thailand (EGAT) is its major shareholder with 45% equity stake. It is regarded as a listed company because of its securities registered in the Stock Exchange of Thailand under the trading symbol of “RATCH.”
Operated as a holding company, RATCH seeks to equity invest in core companies, subsidiaries, and/ or joint ventures, subject to its shareholding proportion. Its investment is mainly focused on fossil fuel power generation projects, renewable projects as well as businesses adjacent to electricity generation and energy both in Thailand and internationally. Its main incomes are in forms of dividend and profit sharing from invested companies.
As of November 2016, RATCH accounts the total equity installed capacity of 6,980 megawatts. Capacity of 6,442 megawatts has commercially been operated and 538 megawatts is under development and construction phases. At Present, RATCH’s operations are located in Thailand (4,949 megawatts capacity), Lao PDR (1,122 megawatts capacity), Australia (653megawatts capacity), Japan (20 megawatts capacity) and China (236 megawatts capacity). For financial results in the first-nine months of 2016, the company recorded the 39.283-billion-baht revenues which included 31.4-billion-baht electricity sales from Ratchaburi and Tri energy power plants. Profit sharing of investments in joint ventures amounted to 1.771 billion baht, rising 154%. The cost and expense totaled 33.39 billion baht, decreasing by 16% from same period last year. Regarding the company's financial position as of September 30, 2016, the company booked 91.927-billion-baht total assets, 31.834-billion-baht liabilities, 60.093-billion-baht shareholder's equity, 7.226-billion-baht cash and investment capital and 45.861-billion-baht retained earnings.