ANDRITZ And EGAT Cooperate On Joint Development And Modernization Of Hydropower Business

International technology group ANDRITZ and the Electricity Generating Authority of Thailand (EGAT) have signed a Memorandum of Understanding (MoU) to jointly explore and expand business opportunities for hydropower projects in Thailand and surrounding countries.

EGAT is the state-owned power utility under the Ministry of Energy and the largest power producer and supplier in Thailand. Owning and operating about 50 power plants across the country, with a total installed capacity of about 16,000 MW, the company engages and invests in energy-related businesses, not only in Thailand but also abroad.

Combining the technology experience of ANDRITZ as a market leader for electro- and hydromechanical equipment and the thorough operational expertise of EGAT as a power producer, the cooperation comprises expanding the digitalization of EGAT’s hydropower facilities and developing rehabilitation and also automation projects in Thailand. In addition, the agreement focuses on exploring new, joint business opportunities, including operation and maintenance services in Thailand and the surrounding region.

To cope with Thailand’s economic growth and the associated increase in energy consumption, the government’s power development plan aims to increase the country’s total installed energy capacity from today’s 55,731 MW to about 77,210 MW by 2037. This goal is to be achieved primarily through the installation of renewable energy facilities, with hydropower playing an important role not only in generating clean energy but also in providing grid stability services.

ANDRITZ has been present in Thailand for more than 50 years with important hydropower reference projects such as Bhumibol or Srinagarind. Today, nearly half of the country’s total installed hydropower capacity has been installed or rehabilitated by ANDRITZ.

ANDRITZ is honored to work with EGAT to jointly develop hydropower opportunities in the region and to support EGAT in making its hydropower fleet fit for the future.