Egat mulls Cambodian power project
Investors from China have courted the Electricity Generating Authority of Thailand (Egat) over a joint investment in a US$4.5-billion (Bt153 billion) power-plant project in Cambodia, Egat deputy governor Sombat Sarntijaree said yesterday.Sombat said the state agency was conducting a feasibility study of the
project, which would generate a total of 3,000 megawatts of
electricity and use imported coal as fuel.
Egat was approached four years ago, but at the time considered the
project was not financially viable since it aimed to produce only
1,400MW.
He said that if Egat now decided to participate, its upcoming
subsidiary Egat International would be responsible for the investment.
The Cabinet has already approved the establishment of Egat
International, which will be capitalised at Bt50 million. Its
formation is expected to be completed either this year or early next.
A source at the Energy Ministry said Italian-Thai Development was also
conducting a feasibility study into developing a coal-fired power
plant in Cambodia with an electricity generating capacity of 1,600MW,
of which 1,400MW would be sold to Thailand.