Page 63 - SD RATCH EN
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• NER Singapore Pte. Ltd. was renamed to NEXIF RATCH ENERGY SINGAPORE Pte. Ltd., and Nexif Energy Rayong Company Limited was renamed to Nexif RATCH Energy Rayong Company Limited.
• The financial package was secured and the construction has started and advanced as planned. The power plant is slated for commercial operations in April 2022.
RATCH Cogeneration Power Plant (Extension phase), with 30 MW generating capacity and 5.46 tons per hour of steam capacity. Powered by natural gas, it is located in Tambon Khlong Nueng, Khlong Luang District, Pathum Thani Province. It is an SPP cogeneration power plant.
• Electricity Generating Authority of Thailand (EGAT) approved the extension project.
• Environmental Impact Assessment report was completed and submitted to the Office of Natural Resources and Environmental Policy and Planning for consideration.
• Output from the extension project will be sold to industrial customers in Navanakorn Industrial Zone and Chumnumsap Industrial Park as well as government agencies and hospital located in the nearby vicinity.
Cogeneration Independent Power Supply Power Plant, with 40 MW capacity. Powered by natural gas, it is located at Nava Nakorn Nakhon Ratchasima Industrial Zone, Nakhon Ratchasima Province.
• The shareholders’ agreement was signed with Nava Nakorn Public Company Limited and PEA Encom International Company Limited, to set up R E N Korat Energy Company Limited for the development and operation of the cogeneration independent power supply project. The plant will be connected with Provincial Electricity Authority’s grid. The joint venture’s shareholding ratio is 40:35:25.
Tri Energy Power Plant, with 720-MW capacity. Powered by natural gas, it is located in Ratchaburi Province.
• Operations were ceased on 30 June 2020 on the expiration of power purchase agreement with Electricity Generating Authority of Thailand.
• Asset liquidation and decommission is underway, slated for completion in mid-2021. Some machinery and parts will be kept as RATCH Group’s parts. Some of the 250-rai area will locate 1,400 MW Hin Kong Power Plant.
An Binh Energy and Infrastructure Fund (ABEIF) in Vietnam
• RH International (Singapore) Corporation Pte. Ltd., a subsidiary, signed an agreement with Geleximco Group Joint Stock Company (Geleximco) for a 49 percent investment in An Binh Energy and Infrastructure Fund (ABEIF).
• ABEIF holds 49 percent indirect ownership in 620 MW Thang Long Power Plant, boosting RATCH’s indirect holding in the project to 22.05 percent. Using anthracite as fuel, the power plant, located in the North of Vietnam, is commercially-operated.
RATCH Group PCL.
Sustainability Report 2020
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