The Electricity Generating Authority of Thailand (EGAT) has evinced interest to build more power projects. In this regard, it is expected to hold discussions with the Energy Regulatory Commission to amend the National Power Development Plan (PDP) to allow the state-owned power utility to increase its renewable power projects from 560 MW to 1,000-2,000 MW by 2036, and to increase its share of the country’s total generating capacity to 50 per cent by that time, up from the 39 per cent stipulated in the current PDP. At present, EGAT’s share in electricity generation stands at 37 per cent, which is expected to increase to 50 per cent. EGAT has stated that under its current investment plans, it will have to spend 670 billion baht over the next five years and 1.2 trillion baht over the next 10 years. Meanwhile, EGAT’s wholly owned subsidiary EGAT International was negotiating to acquire stakes in a power plant abroad in a deal valued at about 10 billion baht.
