Ratch Group Plc, Thailand's largest private power generator by capacity, expects to allocate an investment budget worth 30 billion baht in 2022 as it continues to expand its power business and invest more in renewable energy development.
Up to 28 billion baht of the budget will go to its power business, with 26.5 billion to support a plan to acquire new assets and 1.5 billion to finance energy development projects, said Ratch chief executive Choosri Kietkajornkul.
The remaining 2 billion baht will be allocated for non-power businesses.
