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National Petrochemicals Public Co. Ltd.

Sector: Natural Gas • Location: Kanchanaburi, Thailand

Source: World Bank Group

Project
Active

National Petrochemicals Public Co. Ltd has developed a 100MW natural gas and waste-to energy power plant at Muang Rayong. The plant will use agricultural waste as fuel and sell 32MW of power to the Electricity Generating Authority of Thailand (EGAT) under the Small Power Producers (SPP) Program. A 21-year PPA was signed on October 29, 1996 and began selling power to EGAT as of April 1, 1997. EGAT

Status
Prospective
Sector
Natural Gas, Chemical (Industrial), Oil and Gas, Power Generation (CCGT), Raw Materials, Commercial, Manufacturing (Industrial), Government
Location
Kanchanaburi, Thailand
Updated
22 Jul 2026
Source
World Bank Group

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The project “National Petrochemicals Public Co. Ltd.” is an infrastructure initiative in the Natural Gas sector, located in Kanchanaburi, Thailand. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

National Petrochemicals Public Co. Ltd has developed a 100MW natural gas and waste-to energy power plant at Muang Rayong. The plant will use agricultural waste as fuel and sell 32MW of power to the Electricity Generating Authority of Thailand (EGAT) under the Small Power Producers (SPP) Program. A 21-year PPA was signed on October 29, 1996 and began selling power to EGAT as of April 1, 1997. EGAT signed a "firm" contract with the project company. Nominal levelized tariffs are set 1.60bht per Kwh. Estimated project cost is $98.7 million ($1.0 million per MW). In 2005, oil and gas company PTT acquired National Petrochemical Public Co. Ltd. and combined it with its Thai Olefins unit, forming the PTT Chemical. PTT owns just under 50% of the PTT Chemical.

Original sector

Energy

Budget

Location

Country

Thailand

State

Kanchanaburi

Source

Source reliability

High

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Natural Gas, Chemical (Industrial), Oil and Gas, Power Generation (CCGT), Raw Materials, Commercial, Manufacturing (Industrial), Government

Article published date

2023-02-20

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