Ratch Group Plc, Thailand's largest private power producer by capacity, expects revenue to grow by 10-15% next year, mainly driven by its expansion of electricity generation capacity.
Additional capacity will partly come from Ratch's newly acquired assets -- Nexif Energy Holdings BV and NXF Holdings 2 Co -- which hold stakes in 24 energy-related facilities, both in operation and under construction, said Choosri Kietkajornkul, chief executive of Ratch.
They include renewable power plants, a gas-turbine power station, a combined cycle gas-fired power plant and battery energy storage system projects in Thailand, Australia and the Philippines.