Egco allots B30bn budget for expansion
Aims to up capacity by 1,000MW in 2022
Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand (Egat), plans to spend 30 billion baht from the 2022 investment budget to expand, including increasing its electricity generation capacity by 1,000 megawatts this year.
“We will allocate 8 billion baht for construction of power generation facilities and 22 billion to support our mergers and acquisitions plan,” said Thepparat Theppitak, president of Egco.
The company wants to focus on both fossil fuel-fired power plants and those based on renewable energy.
At present, Egco has electricity generation capacity…
