JERA Agrees to Transfer Shares in the Ratchaburi Gas-Fired IPP Project in Thailand2025/09/08
JERA Co., Inc. (JERA) has agreed to transfer its entire shares—equivalent to 15% of the project interests—in the Ratchaburi Gas-Fired IPP Power Generation Project in the Kingdom of Thailand to two local existing shareholders: Ratchaburi Alliances Company Limited, RATCH Group Public Company Limited’s wholly owned indirect subsidiary, and Global Power Synergy Public Company Limited.
JERA will continue to optimize its asset portfolio in response to evolving business environments by strategically reallocating capital toward assets and investments, aiming to enhance long-term business growth.
Overview of Ratchaburi Gas-Fired IPP Project
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Unit 1 |
Unit 2 |
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Project Company |
Ratchaburi Power Company Limited |
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Location |
Ratchaburi Province, Thailand (Approximately 140 km west of Bangkok) |
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Power Output |
700 MW |
700 MW |
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Power Generation Method |
Combined Cycle Power Generation |
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Fuel |
Natural gas |
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Start of Operation |
March 2008 |
June 2008 |
Overview of RATCH Group Public Company Limited
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Location |
Bangkok (Thailand) |
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Business Overview |
Investment in power generation business in both conventional and renewable power projects, and energy related infrastructure |
Overview of Global Power Synergy Public Company Limited (GPSC)
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Location |
Bangkok (Thailand) |
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Business Overview |
The innovative power flagship of PTT Group, focuses on producing both conventional and renewable energy in Thailand and abroad. |