Ratch, Gulf ready to go on Ratchaburi power plant

[snoop1130]

Ratch, Gulf ready to go on Ratchaburi power plant

By THE NATION

 

 

Ratch Group Public Company Limited and Gulf Energy Development Public Co Ltd have partnered to build the 1,400-megawatt combined-cycle Hin Kong Power Plant in Muang Ratchaburi.

 

Gulf has purchased a 49-per-cent share in Hin Kong Power Holding Co Ltd and both Ratch and Fulf will apply their experience and expertise to the plant as a critical power source for securing the national power system and competitive potential.

 

Ratch CEO Kijja Sripatthangkura said this week that Ratch and Gulf are Thailand’s leading independent power producers with extensive experience and competence in the business. 

 

Their collaboration, he said, “will enable the Hin Kong Power Plant to better create economic and social value, and also will support the national agenda on energy security and aim to become Southeast Asia’s energy hub.”

 

The business alliance would also help Ratch Group pursue its goal of becoming a leading energy and infrastructure company in Asia-Pacific, he said.

 

“We are confident that the plant will be an electricity supply source that will contribute to the country’s long-term socio-economic development,” Kijja said. “The power grid in Thailand’s West and South in particular will be more secure and households and industries will be served efficiently. 

 

“In addition, there is an opportunity to extend our cooperation with Gulf as a strategic partner in other projects in the future because of their similar business direction and goals. This could support Ratch Group’s strategy to grow its enterprise value at Bt200 billion by 2023.”

 

The Hin Kong Power Plant consists of two 700MW blocks fired by natural gas. 

 

Hin Kong Power is the project operator, wholly owned by Hin Kong Power Holding Co Ltd. The project was entered into the 25-year power purchase agreement with the Electricity Generating Authority of Thailand last July.

 

The first block is scheduled to begin commercial operations in 2024 and the second in 2025. An environmental impact assessment is underway.

 

Source: https://www.nationthailand.com/business/30380101

 

-- © Copyright The Nation Thailand 2020-01-03

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[Mango Bob]

I live just down the block from this plant.  I wonder what effect this will have on the locals who live in the area?

[Xonax]

What about some waste to energy power plants? Thailand has plenty of fuel, even without the plastic bags from the supermarkets.

[Srikcir]

On 1/3/2020 at 8:26 PM, snoop1130 said:

An environmental impact assessment is underway.

And yet as seems to be typical now in the CURRENT Prayut regime, after contracts let, designs begun and construction planned for completion within 2-3 years. Under the 2007 Constitution an environmental impact assessment was done first as it must include public review and comment before any construction and operating license can be granted.

But now apparently not under the 2017 Constitution.

On 1/3/2020 at 8:26 PM, snoop1130 said:

The project was entered into the 25-year power purchase agreement with the Electricity Generating Authority of Thailand last July.

On 1/3/2020 at 8:26 PM, snoop1130 said:

“We are confident that the plant will be an electricity supply source that will contribute to the country’s long-term socio-economic development,”

On 1/3/2020 at 8:26 PM, snoop1130 said:

The first block is scheduled to begin commercial operations in 2024 and the second in 2025.

Shouldn't impacts on country's long-term socio-economic development be addressed and confirmed by an EIA - not by the project sponsors - and certainly not before licenses have been issued?

And should the public/community now march in protest to being treated as second class citizens with no rights in the EIA process - face a criminal defamation charge by the project owners.

Edited January 6, 2020 by Srikcir
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