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Ratchaburi Holding allocates BTH 8 billion to continue 13 committed project and new investments aboard

By Sun Guangyong (People's Daily Online)

11:11, February 15, 2012

Bangkok,Feb.14-Ratchaburi Electricity Generating Holding Plc (RATCH) today announced its business strategy and direction for continuing growth in 2012. The company has set aside BTH 8,000 million investment budget this year to progress development of 13 projects in its pipeline and to pursue new domestic and international investments. In 2011, the Company recognized another 858 megawatts installed capacity growing its total capacity to 5,312 megawatts.

Mr. Noppol Milinthanggoon, Chief Executive Officer, Ratchaburi Electricity Generating Holding PCL said that the company still focuses on three cores businesses comprising of electricity generation, renewable energy and related businesses. The greenfields, brownfields, and merger and acquisition are taking consideration as the company’s investment strategy considering opportunity in both domestic and oversea investment, risk factors, timing and optimum advantages to the company. To comply with our investment policy, we expect to share at least 25 per cent stake of each venture. We also look at neighboring countries where has more potential investment in power industry due to its economic growth leading to high demand of electricity to develop industry, business and household sectors.

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