State-run Electricity Generating Authority of Thailand (Egat) will inject 11.25 billion baht into its subsidiary SET-listed Ratch Group Plc, Thailand's largest private power generation firm by capacity, to increase registered capital and expand investment in Indonesia, a populous country with high energy demand.
The decision was recently approved by the cabinet, which allowed Egat to make the additional investment in line with its 45% shareholding in Ratch.
