RATCH Group Public Company Limited announced its ongoing power project investment to reach 8,700 MW capacity target in this year. At present, RATCH realized 8,173-MW equity capacity in total after achievement of five new-project acquisitions with combined equity capacity of 243 MW.

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          Mr. Kijja Sripatthangkura, Chief Executive Officer of RATCH Group PCL, said that the company promotes growth of power generation, by increasing 780 MW to achieve target at 8,700 MW of total capacity this year. Meanwhile, RATCH has five overseas projects with combined capacity around 500 - 600 MW under ongoing negotiation, namely the Quang Tri 1 Coal-fired Power Plant in Vietnam, the two projects of hydroelectric power plant, one project of the wind power plant, and one project of the gas-fired power plant.

          The overseas projects that have been successfully joint-invested in the past nine months include Thang Long Thermal Power Plant in Vietnam, with a capacity of 620 MW (22.05% stake in an acquisition), which has commenced commercial operation since 2018; Thanh Phong Wind Farm in Vietnam, with a capacity of 29.70 MW (51% stake), scheduled for commercial operation in the fourth quarter of 2021; and establishing the SIPHANDONE-RATCH-LAO Company Limited in Lao PDR to operate the production and distribution of wood pellet, with 60,000 tons per year in capacity, located in Chapasak Province.