Ratch Group Plc, Thailand's largest private power producer by capacity, continues to expand its business by adding 700 megawatts of capacity this year through more asset acquisitions and new development projects.
The additional capacity equals last year's target, though Ratch ended 2021 with an increase of 1,120MW in capacity.
In 2022, the company expects 450MW of the new capacity to come from fossil-fired power plants and the remaining 250MW to be produced by renewable power plants, said Choosri Kietkajornkul, chief executive of Ratch.
