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Ratch Group Plc, Thailand's largest private power generation company by capacity, has raised 25 billion baht in a rights issue to expand its business and support its loan payment plans.
Ratch Group Plc, Thailand's largest private power generation company by capacity, plans to spend 1.72 billion baht to expand the capacity of a gas-fired power plant in Pathum Thani's Nava Nakorn Industrial Promotion Zone as it moves closer to its goal of 10 gigawatts of electricity generation capacity.
After the pandemic slowdown hit the economy in 2020, the residential market in Nakhon Ratchasima is recovering, driven by strong demand from those working for industrial estates, according to property developers.