Thai utility EGAT plans joint venture to implement new technologies

The state-run EGAT is planning to form a joint venture (JV) with Ratch Group Plc and Electricity Generating Plc (EGCO) to implement new technologies in the Thai power sector. EGAT plans to own a 40 per cent stake in the proposed JV while Ratch and EGCO will hold a 30 per cent stake each. The JV will focus on renewable energy resources, electric vehicles, energy storage, smart grids and efficient energy consumption.


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