Andritz and the Electricity Generating Authority of Thailand (EGAT) have signed an MOU to jointly explore and expand business opportunities for hydropower projects in Thailand and surrounding countries.
The MOU involves expanding the digitalisation of EGAT’s hydropower facilities and developing rehabilitation and automation projects in Thailand. The agreement also looks to explore new joint business opportunities, including O&M services in Thailand and neighbouring countries.
EGAT owns and operates about 50 power plants across Thailand, with a total installed capacity of about 16 GW. EGAT also invests in energy-related businesses outside Thailand.
Thailand plans to increase the country’s total installed capacity from 55 731 MW to about 77 210 MW by 2037. This will be primarily achieved through the installation of renewable energy facilities, including hydropower.