PTT-EGAT signs natural gas purchase agreement for Nam Phong Power Plant Build energy security

Construction News

PTT-EGAT signs natural gas purchase agreement for Nam Phong Power Plant Build energy security

Mr. Attaphol Rerkpiboon, Chief Executive Officer and President of PTT Public Company Limited, said that PTT jointly signed a contract with the Electricity Generating Authority of Thailand (EGAT) in a natural gas trading project for The new Nam Phong Power Plant, a 10-year period (2021-2031), worth more than 53,000 million baht, strengthens energy security. Increase development capacity in the northeastern region ready to support the country’s economic expansion

It is the largest power plant and the main power generation source of the Northeastern region. create energy security for the country And as a foundation to support capacity building in the northeastern region to be an economic center such as the Dry Port Development Project, the Smart City Project in Khon Kaen Province, and large infrastructure connected to the area. The main economies of the central region and the Eastern Economic Corridor (EEC) area

Mr. Boonyanit Wongrakmit, EGAT Governor, said that the new gas purchase agreement for the Nam Phong Power Plant between PTT and EGAT will be in line with the existing contract that is expiring on On September 30, 2021, it is to support the current electricity generation of Nam Phong Power Plant Units 1 and 2, and the replacement Nam Phong Power Plant Project in Khon Kaen Province with a capacity of 650 megawatts, which is scheduled to begin commercial power distribution in 2025 as planned. Developing Thailand’s Electricity 2018-2037, Revised Edition No. 1 (PDP2018 Revision 1) to maintain electrical power security in the Northeast. and use the country’s natural gas resources from the Sinphuhorm field to the maximum benefit.

Source: https://www.newsdirectory3.com/ptt-egat-signs-natural-gas-purchase-agreement-for-nam-phong-power-plant-build-energy-security-fresh-news/