The Nation



Ratch reorganises investment structure into three segments

Ratchaburi Electricity Generating Holding is reorganising its investment structure to manage growth in three segments - independent and small power producer, renewable power, and international projects - each led by a wholly owned subsidiary.

"Ratch will start to reorganise its portfolio according to the new structure at the end of this year. Assets will gradually be transferred in the form of asset liquidation to the three subsidiaries," chief executive officer Pongdith Potchana said yesterday.

The three subsidiaries - Ratchaburi Electricity Generating Co, Ratchaburi Energy Co and RH International Corporation - will be the investment arms for the three segments.

Recently, Ratch moved the 122-megawatt Nava Nakorn Cogeneration project in Pathum Thani to Ratchaburi Electricity Generating. The project had been developed by Nava Nakorn Electricity Generating Co, its 40-per-cent-owned venture.

The new business plan has made the company's investment approaches much clearer, management more efficient, financial management more flexible for future investment and fund-raising easier at reasonable cost, Pongdith said.

Ratch has categorised its domestic and foreign investments as follows.

Domestic power plant projects are Ratchaburi-Power, Tri Energy, Ratchaburi World Cogeneration, Nava Nakorn Cogeneration, Pradu Tao, and Soatien.

Domestic renewable power plant projects are eight solar farms of the Solarta project, three solar farms of the Solar Power project, two wind farms of the Hauy Bong project and the Kao Kor wind farm.

Foreign investments are Nam Ngum 2 hydropower plant in Laos, Xepien Xenamnoy hydropower project in Laos, and power projects in Australia owned by Ratch-Australia Corporation.

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