Page 62 - SD RATCH EN

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Sustainability Report 2020
RATCH Group PCL.
Performance in 2020
Electricity Generation Business
Fossil fuel power plants
Nava Nakorn Cogeneration Power Plant (Extension phase), with generating capacity of 60 MW and steam capacity of 10 tons per hour. Powered by natural gas, it is located at Navanakorn Industrial Zone in Pathum Thani Province.
• Commencing commercial operations on 31 October 2020 and selling electricity and steam to industrial customers in the industrial zone.
• Being a 40:30:30 joint venture project of Ratchaburi Electricity Generating Company Limited, a subsidiary; Nava Nakorn Public Company Limited; and Global Power Synergy Public Company Limited.
Hin Kong Power Plant, with 1,400-MW capacity. Powered by natural gas, it is located in Tambon
Hin Kong, Muang District, Ratchaburi Province.
• RATCH sold a 49 percent stake in Hin Kong Power Holding Company Limited to Gulf Energy Development Public Company Limited, to jointly develop the power plant. Hin Kong Power Holding is the sole owner of Hin Kong Power Company Limited which develops and operates the power plant.
• Hin Kong Power Company Limited signed the engineering, procurement and construction contract with MHI Power Project (Thailand) Company Limited, Sino-Thai Engineering and Construction Public Company Limited and Mitsubishi Power Company Limited; and signed a long-term maintenance and parts supply service agreement with MHI Power (Thailand)
Company Limited. The construction works are expected to start in June 2021 for completion in 43 months. Under a 25-year power purchase agreement with Electricity Generating Authority of Thailand (EGAT), the first generator is scheduled to commence operations in March 2024 and the second in January 2025.
• Hin Kong Power Company Limited signed up EGAT as the Post Notice to Proceed owner’s engineer, in accordance with the owner’s engineer services contract. EGAT will supervise and ensure the construction meets relevant terms and conditions.
Nexif RATCH Energy Rayong Power Plant, with 92 MW generating capacity. Powered by natural gas, it is located at SSP Industrial Park in Baan Khai District, Rayong Province.
• RATCH acquired a 49 percent stake in NER Singapore Pte. Ltd., which owns Nexif Energy Rayong Company Limited, the developer of Nexif Energy Rayong Power Plant. The SPP co-generation power plant secures a 25-year power purchase agreement from Electricity Generating Authority of Thailand.