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Songkhla Biomass Plant

Sector: Biomass • Location: Thailand

Source: World Bank Group

Project
Active

Precise Power Producer Company (40%) was planning the development of the 9.9MW Songkhla Biomass Plant. Ratchubarui Electricity Gernating Holding (Ratch) aquired a 40% stake in the project in 2010, for BHT 356 million. The remaining 20% was held by Assiddeek Savings Cooperative.

The project was under construction as of June 2012, and was expected to be commissioned in 2014. The project signed a 25

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The project “Songkhla Biomass Plant” is an infrastructure initiative in the Biomass sector, located in Thailand. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Precise Power Producer Company (40%) was planning the development of the 9.9MW Songkhla Biomass Plant. Ratchubarui Electricity Gernating Holding (Ratch) aquired a 40% stake in the project in 2010, for BHT 356 million. The remaining 20% was held by Assiddeek Savings Cooperative. The project was under construction as of June 2012, and was expected to be commissioned in 2014. The project signed a 25 year PPA in August 2012 with the Provincial Electricity Authority (PEA), which includes an adder payment of THB 1.3/kWh for a period of 7 years Total project cost was estimated at BHT 600 million. The project secured a Bt620-million (US$20 million) project loan from the Islamic Bank of Thailand, in September 2012. http://finance.groups.yahoo.com/group/seasiaenergy/message/4040 http://www.nationmultimedia.com/business/Islamic-Bank-backs-Songkhla-30190340.html

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Source reliability

High

Data quality score

100%

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