Ratch Group Plc, Thailand's largest private power producer by capacity, expects to conclude three deals on new asset purchases in the third quarter of this year to put it on track to add 700 megawatts of electricity generation capacity to its portfolio in 2022.
Choosri Kietkajornkul, chief executive of Ratch, said yesterday that the company aims to buy assets in countries with major energy development projects in Asia Pacific under its 30-billion-baht capital spending plan for this year.
The budget can be increased to 80 billion baht if the assets are large electricity generation facilities.
