36
Annual Report
2013
Nature of Business
Ratchaburi Electricity Generating Holding
Public Company Limited is Thailand’s largest
private electricity producer that is committed
to supporting the country’s energy security. To
be a leading value-oriented integrated energy
company in Asia-Pacific, it at the same
t ime focuses on respons ibi l i ty towards
the society, community, environment and
all stakeholders enabling them to become
sustainably independent. Operating as a holding
company , t he Company ho l d s s t a ke s
in subsidiaries, affiliates and joint ventures in
electricity generating, renewable energy and
related businesses in and outside Thailand. Its
major source of income is dividend derived
from its investment portion, which is in
accordance to the Company’s policy and
business goals.
At present, the Company’s attribution generating
capacity totaled 6,542.52 MW. This comprised
5,858.58 MW of electricity for domestic use or
14 per cent of the country’s total generating
capacity and with EGAT as the major buyer. The
other 683.94 MW is sold to the country where
the power plants are located, such as Lao PDR
and Australia.
The Company classifies its investment structure
as follows:
1. IPPs and SPPs in Thailand.
The Company recognizes the importance
of securing stability and strength of electricity
system which is a crucial infrastructure that drives
economic and social development for Thailand and
the region. It therefore continues to be committed
to producing electricity by ensuring a wide variety
of fuel used, ranging from natural gas to coal and
water, in order to maintain natural balance and
energy security in all aspects.
2. Renewable Projects in Thailand
The Company has a policy and intention to
reduce use of natural source of fuel and impact
from the Global Warming. Environmental
responsibility, similar to business expansion, is one
of the Company’s most important tasks. It fully
supports the government’s policy to promote
renewable energy by seeking renewable energy
sources, such as solar, wind and biomass, for
electricity generation.
3. International Projects
The Company has a target to be a leader in
electricity generating project development covering
its current assets and the extension to new market
in ASEAN and Asia Pacific that will lead to strong
and sustainable success.
4. Related Business
One of the Company’s policies is to increase
competitiveness and return on investment to
stakeholders by setting clear goals on investment
in related business such as power plant operation
and maintenance, coal mining and gas turbine
maintenance services and other investing capital.
