Egco funds 7 new power projects
Electricity Generating Group has budgeted more than Bt30 billion this year for seven power projects both in Thailand and overseas, according to company president Chanin Chaonirattisai. Six of the projects are under construction and scheduled to start commercial operations between this year and 2019, including three small power producer projects – Xayaburi in Laos and San Buenaventura and Masinloc Unit 3 in the Philippines. In addition, share transfers for the Salak and Darajat geothermal power plants in Indonesia are in progress and expected to be complete this quarter. The Bt30-billion investment budget does not include new projects Egco Group is attempting to acquire or four other overseas projects under development.
