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Released October 08, 2013 | JOHANNESBURG
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Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Thailand's largest private power producer, Ratchaburi Electricity Generating Holding plc (Nonthaburi, Thailand), is talking to the Asian region's major coal miner, Banpu plc (OTC:BAPUF) (Bangkok, Thailand), about the development of a $1.3 billion coal-fired power plant in Indonesia. The plant will be part of the Thai company's strategy to maintain business growth.
RATCH plans to install half of its power generation capacity abroad and half at home in Thailand. Currently, it produces 73%, or 4,600 megawatts (MW), at home. The proposed Indonesian power plant would contribute 700 MW to the non-domestic total. The company's total installed capacity is currently 6,302 MW, which it plans to double by 2020.
The new plant may be a mine-mouth project, and a feasibility study is now being conducted on that basis.
RATCH is part of another joint venture with Banpu for the 1,878-MW Hongsa Power Company's coal-fired plant in Laos. It is scheduled for completion between 2015 and 2016, with an investment of $3.71 billion.
In Australia, RATCH is bidding to acquire 33.3% of state-owned Macquarie Generation (Newcastle, New South Wales), which has two coal-fired plants with a combined capacity of 4,640 MW. This acquisition could require an investment of $1.86 billion.
The company is also looking at a number of renewable projects in Japan. At home, it is negotiating with Gulf Electric plc (Bangkok), winner of Thailand's independent power producer license bidding program for 5,000 MW, with the prospect of co-investing and co-developing a new project under Gulf's license.
Main targets for international investment are Australia, Indonesia, Laos, Myanmar, the Philippines and Vietnam.
View Project Report - 98850018
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
RATCH plans to install half of its power generation capacity abroad and half at home in Thailand. Currently, it produces 73%, or 4,600 megawatts (MW), at home. The proposed Indonesian power plant would contribute 700 MW to the non-domestic total. The company's total installed capacity is currently 6,302 MW, which it plans to double by 2020.
The new plant may be a mine-mouth project, and a feasibility study is now being conducted on that basis.
RATCH is part of another joint venture with Banpu for the 1,878-MW Hongsa Power Company's coal-fired plant in Laos. It is scheduled for completion between 2015 and 2016, with an investment of $3.71 billion.
In Australia, RATCH is bidding to acquire 33.3% of state-owned Macquarie Generation (Newcastle, New South Wales), which has two coal-fired plants with a combined capacity of 4,640 MW. This acquisition could require an investment of $1.86 billion.
The company is also looking at a number of renewable projects in Japan. At home, it is negotiating with Gulf Electric plc (Bangkok), winner of Thailand's independent power producer license bidding program for 5,000 MW, with the prospect of co-investing and co-developing a new project under Gulf's license.
Main targets for international investment are Australia, Indonesia, Laos, Myanmar, the Philippines and Vietnam.
View Project Report - 98850018
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and nine international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
