Andritz and Electricity Generating Authority of Thailand to explore hydro opportunities in Thailand
Andritz and the Electricity Generating Authority of Thailand (EGAT) have agreed to jointly explore and expand business opportunities for hydropower projects in Thailand and surrounding countries.
The two firms have signed a Memorandum of Understanding (MoU) that will involve expanding the digitalization of EGAT’s hydropower facilities and developing rehabilitation and also automation projects in Thailand. In addition, the agreement focuses on exploring new, joint business opportunities, including operation and maintenance services in Thailand and the surrounding region.
EGAT is the state-owned power utility under the Ministry of Energy and the largest power producer and supplier in Thailand. Owning and operating about 50 power plants across the country, with a total installed capacity of about 16,000 MW, the company engages and invests in energy-related businesses, not only in Thailand but also abroad.
To cope with Thailand’s economic growth and the associated increase in energy consumption, the government’s power development plan aims to increase the country’s total installed energy capacity from today’s 55,731MW to about 77,210MW by 2037. This goal is to be achieved primarily through the installation of renewable energy facilities, with hydropower playing an important role not only in generating clean energy but also in providing grid stability services.
Andritz has been present in Thailand for more than 50 years with involvement in a number of hydropower projects including Bhumibol and Srinagarind.
Source: https://www.waterpowermagazine.com/news/newsandritz-and-egat-to-explore-hydro-development-in-thailand-9611419
