Ratch Group earmarks 35 billion baht for business expansion

Thailand’s leading private power producer, Ratch Group Plc, remains steadfast in its decision to allocate a capital expenditure of 35 billion baht for the expansion of its operations in both the power and non-power sectors this year.

Chief Executive Choosri Kietkajornkul said that out of this capital allocation, 29 billion baht is for investments in power generation. She further revealed that the company had already invested 651 million baht in this segment in the first half of the year.

She also outlined that the remaining 6 billion baht of the budget is allocated for the non-power sector. She added that as of June this year, the company has already deployed 301 million baht.

Investments in the power generation segment will be channelled into several projects, including the 31.2-megawatt gas-fired Ratch Co-generation (RCO) plant, the 15MW Eco Wind…