Economy
Ratch Group Announces 10 Billion Baht Investment Plan for Thailand and Indonesia
Ratch Group has unveiled a 10 billion baht investment strategy focused on energy and data center expansion, targeting significant EBITDA growth by 2026.
According to Khaosod Online Thailand, Ratch Group has announced a 10 billion baht investment plan aimed at expanding its operations in Thailand and Indonesia. CEO Nitas Voraponpipat stated that the company is executing a '5S' strategy to drive organizational growth, with a target to reach 15 billion baht in EBITDA by 2026. A key component of this strategy is increasing the share of renewable energy to at least 15% of total revenue.
For residents and travelers, this investment signals a broader push toward modernizing energy infrastructure and supporting the growing data center sector in the region. The company expects to begin commercial operations this year for two renewable energy projects: a solar power plant in the Philippines (71.05 MW equity capacity) and a hydropower plant in Vietnam (5.5 MW equity capacity). Additionally, Ratch Group is integrating artificial intelligence for predictive maintenance at its Ratch Energy Rayong and Ratch Cogeneration power plants to improve operational efficiency.
While the company has outlined its strategic roadmap and financial targets, the specific timeline for the Indonesian investments and the full impact of these energy projects on local utility stability remain to be confirmed as the company continues its asset management initiatives throughout the year.