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Thai Egco wins LNG import licence
Jul 23, 2021 3:29:am
Summary
by: Shardul Sharma
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Thai Egco wins LNG import licence
Bangkok-listed utility Electricity Generating Public Co (Egco) has secured a licence to import LNG into Thailand, it said on July 22 in a stock exchange filing. The company had applied for the licence late last year.
Thailand’s Energy Regulatory Commission has allowed the company to import LNG to the amount of 200,380 metric tons (mt)/year. The licence is valid for 10 years. Egco will supply LNG to its three power plants: the 256 MW Banpong power plant, which requires 54,000 mt/yr of LNG; the 122 MW Klongluang plant, which needs 27,000 mt/yr; and the 100-120 MW Cogen Replacement plant which would use 119,000 mt/yr of LNG.
Egco diversifies into industrial estates
published : 12 Jan 2021 at 04:00
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Electricity Generating Plc (Egco), a subsidiary of state-run Electricity Generating Authority of Thailand, plans to diversify into a new industrial estate business in Rayong to fuel its growth in advanced energy businesses.
The company yesterday signed a joint project development agreement with state-run Industrial Estate Authority of Thailand (IEAT) to set up Egco Rayong Industrial Estate Co to operate 621 rai of industrial area in Map Ta Phut.
The investment is valued at 1.9 billion baht, according to IEAT.
Part of the site was Egco s retired gas-fired power plant, run by its wholly-owned Rayong Electricity Generating Co, which saw its power generation concession end and terminated its operation in December 2014.