Egat’s investment arm focuses on O&M services

12 October 2009 – Egat International Company, an overseas investment arm of the Electricity Generating Authority (Egat) of Thailand, is said to be shifting its focus to operating and maintenance (O&M) services for power plants.

The international business subsidiary, which was established in 2007, oversees all of Egat’s investments outside of Thailand.

However a significant fall in power demand has made Egat International postpone two overseas projects – the 440 MW Nam Ngiep hydropower plant in Laos and the Hutgyi hydropower plant in Burma.

To develop its new business focus, Egat International is in talks with the US-based GE Group on conducting a feasibility study into providing O&M services to privately run power plants.

Egat is not only looking at the domestic market but has hopes of opportunities across Indochina.

The company may also hold discussions with Siemens AG on doing business together. It is also planning to diversify into coal mines.