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News Release

         EGAT discloses investment plans for 6 projects with an investment budget of more than 165 billion Baht to generate power for EEC. The projects will meet the power demands for 19 years with the capacity of up to 9,000 MW. EGAT assured that the power use in the first stage of the industrial sector will increase only 400 MW because most businesses generate their own power.

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         Mr. Patana Sangsriroujana, the then EGAT’s Deputy Governor - Policy and Planning revealed to “Thansettakij” that EGAT is currently preparing to strengthen the power system security of the eastern region to support the progress of the Eastern Economic Corridor (EEC) by developing power system projects including the South Bangkok Power Plant Replacement Project Phase 1 with the generating capacity of 1,350 MW using an investment budget of around 33,590 million Baht, which had been approved by the cabinet and is being constructed.

         The South Bangkok Power Plant Replacement Project Phase 2 with the generating capacity of 1,470 MW is currently in progress and is expected to use an investment budget of no less than 330,000 billion Baht. It will use natural gas as the primary fuel. The source of natural gas will come from the Gulf of Thailand, and the liquefied natural gas (LNG) will be imported. The project needs natural gas as fuel at the highest rate of around 212.82 million cubic feet per day and diesel as supplementary fuel in case of emergencies of 5.54 million liters per day.

         The Wang Noi Power Plant Replacement Project (Blocks 1-2) with the generating capacity of 1,470 MW uses an investment budget of around 28,005 million Baht and will operate in 2023. The Bang Pakong Power Plant Replacement Project (Units 1-2) with the generating capacity of 1,450 MW which was approved by the cabinet and is being constructed uses an investment budget of around 33,942.65 million Baht and will operate in 2020. The Transmission System Improvement and Expansion Project to strengthen the security of the system is valued at around 12,000 million Baht comprising the construction of a transmission system with a length of 469.664 circuit-km, the construction of 3 new substations, the expansion of a substation, the installation of a transformer of 3,000 MVA, and 8 small system expansion jobs which is expected to be complete in 2022.

         Meanwhile, the project to strengthen the security of fuel for power generation in the long term with the Floating Storage and Regasification Unit (FSRU) in the area of the Northern Gulf of Thailand is valued at around 24,500 million Baht. The purpose is to support the import of LNG in the amount of 5 million tons per year to supply the South Bangkok Power Plant and North Bangkok Power Plant, including the current pipe system network. It is scheduled for operation in 2024. The investment budget for all 6 projects is more than 165 billion Baht.

         Mr. Patana said, the mentioned projects will improve the power security of the eastern region for the present and future, and can meet the power demands without problem. The Energy Policy and Planning Office (EPPO) predicted the power demands in EEC for the new Thailand Power Development Plan (PDP) which will be complete within this year. In the first stage of EEC, the power demand will increase around 400 MW, and in 2036 it is expected to increase from the development of the referred area up to around 9,000 MW from 5 main projects namely infrastructure, industrial business, tourism, new city and community, and innovation zone and digital park. One of the reasons is because businesses in the industrial sector will generate their own power; therefore, the amount of self-generated power will increase according to the size of industrial sector that invested.

         Furthermore, the EEC industry will be different from the current Map Ta Phut and Laem Chabang industrial estate. From the assessments, the power demand of the EEC industry will not be much more than it is currently. However, in 2036, it is estimated that the EEC power demand will increase from the development of the referred area up to around 9,000 MW from 5 main projects namely infrastructure, industrial business, tourism, new city and community, and innovation zone and digital park. Currently, the eastern region’s power demand is around 15,000 MW.

         The Office of Eastern Economic Corridor Policy Committee pointed out that from studies, EEC does not have enough power generation sources for the predicted power demands from 2034 onwards; therefore, it must consider locations for a new power plant in addition to the new power plants already planned. The areas in the industrial estate may be considered for the location of the power plant.

         Source: Thansettakij Newspaper / October 11-13, 2018