Page 65 - SD RATCH EN

• The MoU was signed with Electricity Generating Authority of Thailand (EGAT) to maximize the utilization of EGAT’s existing and future optical fiber transmission line and relevant equipment base stations. The agreement will allow the company to offer integrated optical fiber services and greater service efficiency. EGAT’s network installed on high-voltage transmission towers currently covers about 500,000 core kilometers/ 250 base stations.
Energy-related Business
Wood pellet production in Lao PDR
• SIPHANDONE RATCH-LAO Company Limited was established to operate the project which can produce 80,000 tons of wood pellets per annum. The company was owned by RATCH-LAO Services Company Limited, 25 percent; Buriram Green Energy Company Limited, 65 percent; and Siphandone Bolaven Development Company Limited, 10 percent. The factory will be located in Champasak Province. The construction is planned for 2021 for completion and commercial operations in 2022. Under the project, fast-growing crops like sugar canes will be grown on a 20,000-rai plot. Outputs will be sold to industrial customers in Japan and South Korea, mainly under long-term supply contracts.
• RATCH-LAO Services Company Limited, a subsidiary incorporated in Lao PDR, signed an MoU with Sacksith Consulting & Trading Sole Company Limited and the Lao Government, to conduct a land survey and feasibility study on the plantation of industrial woods like acacia and fast-growing plants in Taoy City and Sa Moay City, Salavan Province, Lao PDR. The trees will be raw materials of the aforementioned wood pellet factory.
O&M Technician recruitment service for power plants in Lao PDR
• RATCH-LAO Services Company Limited, a subsidiary, signed a contract with Electricity Generating Authority of Thailand (EGAT) to provide O&M technician recruitment service for Nam Ngieb 1 Hydroelectric Power Plant. The 58-month contract will run from May 2020 through February 2025. The 269-MW Nam Ngieb 1 Hydroelectric Power Plant is located in Borikamsai Province, Lao PDR. It supplies electricity to EGAT.
• RATCH-LAO Services Company Limited, a subsidiary, signed a contract with Electricity Generating Authority of Thailand (EGAT) to provide O&M technician recruitment service for Hongsa Power Plant. The 36-month contract started in November 2020. The 1,878 MW power plant is located in Xayaburi Province, Lao PDR. It produces and distributes electricity to EGAT.
Financing activities and financial status
Raising funds worth Baht 8,000 million via the Senior and Unsecured Green Debentures (or Environmental Conservation Bond) with Debenture Holders’ Representative for investment, offered via a private placement to high networth and institutional investors. The bond issue is split into 4 tranches.
RATCH Group PCL.
Sustainability Report 2020
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