EN TH

To be a leading value-oriented integrated energy company in Asia-Pacific

Slide Left Slide Right

RATCH Group redefines its growth strategy, Extending into infrastructure beyond power generation, Expecting 80:20 investment of power to infrastructure

Nonthaburi – RATCH Group Public Company Limited (RATCH Group) revealed that its business strategy was redefined by expanding business boundary from power generation to infrastructure to pursue domestic potential investment opportunities based upon nation’s strategic plan, the energy strategic plan and the Power Development Plan (PDP). Those strategic plans give importance to enhance power security and infrastructure development to boost the nation and industrial sector’s competitiveness. Power generation is still regarded as the company’s core business and infrastructure investment in 2023 is projected to reach around 20% of the total investment.

Mr. Kijja Sripatthangkura, RATCH Group CEO, said that the company’s investment since this year onwards will focus on power and infrastructure as there are plenty attractive and potential investment opportunity in Thailand, thanks to the infrastructure development plan for connecting Thailand and global under the national strategic plan, the sustainable energy development plan, the investment promotion scheme for infrastructure and power security management system, and especially the Power Development Plan (2018-2037). We are full confidence in our ability and well prepared for boosting the achievement of enterprise value of 200 billion baht in 2023. 

“Power business remains a key driver for the company’s growth. The company continues seeking acquisition of power projects at home and internationally which include Lao PDR, Australia, Indonesia, Vietnam, China and the Philippines. According to the 2019 business plan, RATCH expects two investments in large and small power projects in Thailand. In the meantime, six overseas deals in Australia, Indonesia, Lao PDR and Vietnam are under ongoing feasibility study and negotiation with business allies. Moreover, we are interested in upcoming bids of infrastructure projects including electric train, motorway as well as new businesses relating to Internet of Things and telecommunication. From now on, RATCH Group will run business and investment on basis of enhancing necessary fundamentals contributing nation’s economic growth and better living for all.” Mr. Kijja added.

In 2019, the company has 179.73-MW combined capacity of three power plants to be commercially operated and revenues to be recognized, including the Collinsville Solar Farm in Australia, Berkprai Cogeneration Power Plant and Xe-Pian Xe-Namnoy Hydroelectric Power Plant in Lao PDR. Meanwhile, there are four under construction projects, with the combined generation capacity of 486.79 megawatts.

 

Back to all news