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NEXIF RATCH ENERGY INAUGURATES COMMERCIAL OPERATIONS OF ITS CO-GEN POWER PROJECT IN RAYONG, THAILAND

Bangkok/Singapore: July 4, 2022 – At a traditional inauguration ceremony held on 2nd July 2022, Nexif Energy, the Singapore-based Asian and Australian power generation company, and RATCH Group, a leading power and infrastructure company active in Thailand and across the APAC region, dedicated their 92MW Rayong gas-fired co-generation project to operational excellence and efficiency.

RATCH Group gears up investments to strengthen its business, concentrates on production cost management to curb fuel price impact, posted THB1,579 million profits in the first quarter

Nonthaburi - RATCH Group Public Company Limited announces its operating results in the first quarter of 2022. The Company enabled the two new investment projects, namely PRINC Hospital Sakon Nakhon and the Nava Nakorn Power Plant – Phase 3 expansion, with approximate capital investment of THB275 million.

RATCH expands SPP portfolio for steady revenue and prepare readiness for IPS model, Investing in another 30MW expansion of NNEG Power Plant for industrial users, Electricity dispatch of NRER Power Plant for EGAT effectively commenced

Nonthaburi – RATCH Group Public Company Limited announced its additional investment in NNEG Power Plant for expanding another 30MW generation capacity and five tons per hour of steam.

RATCH-PRINC co-invests 463 MB in PRINC Hospital Sakon Nakhon, collaboration for extending healthcare business in secondary cities scheduled to open in February 2023

Nonthaburi – RATCH Group Public Company Limited (RATCH) and Principal Healthcare Company Limited (PRINH), a subsidiary of Principal Capital Public Company Limited (PRINC), jointly inject THB 463 million into PRINC Hospital Sakon Nakhon.

RATCH recorded THB7.772-billion profit up 23.6% in FY2021, incoming operating capacity of 1,377 MW boosting revenues in FY2022, while THB30-billion budget allocated for investment expansion

Nonthaburi: RATCH Group Public Company Limited announced that its 2021 operating results recorded 7.272-billion-baht profit, increasing 23.6% compared to 2020, representing earnings per share at 5.36 baht.

RATCH Group announced commercial generation of Riau combined-cycle power plant in Indonesia, constantly realized revenues in the first quarter this year

RATCH Group Public Company Limited (RATCH) today announced that the 296.23-MW Riau Combined-Cycle Power Plant has commercially operated since February 10, 2022 after receiving official confirmation letter from PT PLN (Persero), an Indonesian state-owned electricity generator and distributor.

RATCH Group injected BHT1.789-billion for FRD’s shares, enabling indirect shareholding of Indonesia Asahan-1 HPP to 47.89%

Nonthaburi – RATCH Group Public Company Limited announced the success of investment expansion in 180-megawatt Asahan-1 Hydroelectric Power Plant (“Asahan-1 HPP”) in Indonesia.

RATCH Group posts BHT5.65 billion profit, up 36% for 9-month of 2021, striving for investment in combined 1,054-MW capacity of 2 power projects, with anticipating immediate income and future business ventures

Nonthaburi – RATCH Group Public Company Limited announced its 9-month operating performance (January-September) of 2021. RATCH recorded a net profit of BHT5.649 billion, higher 35.9% from same period last year.