Electricity Generating (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand, expects its power generation capacity will rise by 10% this year from 5,422 megawatts as two key projects under its 37-billion-baht capital spending are set to start operations later this year.
The 2021 budget is being spent to support development of power plants, fuelled by fossil fuels and renewable resources, as well as the company’s asset acquisition plans.
Egco president Thepparat Theppitak said the new capacity will mainly be added by renewable power generation facilities in Taiwan and Laos, scheduled to start operating by the fourth quarter of this year.
The company has 25%…
