GHECO-One signs Power Purchase Agreement with EGAT

GHECO-One Co. Ltd, the joint venture company of Glow Group and Hemaraj Land And Development Plc. recently signed a 25-year Power Purchase Agreement (PPA) for a 660-megawatts coal-fired power plant located in Map Ta Phut with the Electricity Generating Authority of Thailand (EGAT). With a total project cost at USD1,150 million, the power plant is scheduled to start commercial operation in November 2011.

In the picture: Mr. Sombat Santijaree (2nd from left), Governor of the Electricity Generating Authority of Thailand (EGAT) is seen exchanging the agreement with Mr. Guy Richelle (3rd from right ), Chairman of Board of Directors of Glow Energy & Suez Energy Asia while Mr. David Nardone (2nd from right), President & CEO, Hemaraj Land And Development Plc., Mr. Anut Chatikavanij (right), Director of Glow Energy Plc. and Mr. Apichart Dilogsopon (left) Deputy Governor of EGAT look on.