Ratchaburi Electricity Generating Holding PCL.
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until 2020. Major factor driving such expansion is
new industrial zones. The government has already
set a policy to support the use of different energy
sources, including coal and renewable energy,
in electricity generation. However, risk factors
seriously affected significant investment are, for
example, political uncertainty, community and
public participation, and independent non-profit
organizations that may protest against power
plant construction projects. Domestic investment
remains an interesting choice as the government
has committed to supporting the industries, such
as small power producers (SPP) and very small
power producers (VSPP), through promotion of
renewable energy. In addition, mega coal-fired
power plant bid will have to be closely monitored.
Competition in Thailand continued to increase
as there are players in both public and private
sectors. Given some limitations in power plant
construction in Thailand, several companies
have to seek new opportunities and investment
channels by changing investment policy in power
plant construction, both in and outside Thailand.
Major players in the public sector are the Electricity
Generating Authority of Thailand (EGAT),
Metropolitan Electricity Authority (MEA) and
Provincial Electricity Authority (PEA). Those
operating energy and electricity businesses
in the private sector are, for example,
B a n p u P u b l i c C o m p a n y L i m i t e d ,
Electricity Generating Public Company Limited
(EGCO) and Glow Energy Public Company Limited.
In addition, PTT Public Company Limited,
a major of players in energy and infrastructor
industry, has acquired and merged PTT Utility
Company Limited (PTTUT) and Independent Power
(Thailand) Company Limited (IPT) together under
the new name of Global Power Synergy Company
Limited (GPSC) to invest in electricity business and
support other projects by PTT Group. There are
also large companies which are not registered on
the Stock Exchange of Thailand are such as Gulf
Energy Development Company Limited under
Gulf JP Groupwhich is the sole winner of the IPP2012
bid with 5,000 MW capacity. Key factors that will
affect the Company’s business direction and policy
are the integration of ASEAN Economic Community
in 2015, the revision of Power Development
Plan and the Alternative Energy Development
Plan (AEDP 2012-2021) that gives more weight to
alternative and renewable energy.
Ratchaburi Power Plant
Tri Energy Power Plant
