Hin Kong power plant
| Part of the Global Oil and Gas Plant Tracker, a Global Energy Monitor project. |
| Related categories: |
Hin Kong power plant is an operating power station of at least 700-megawatts (MW) in Hin Kong, Ratchaburi, Thailand with multiple units, some of which are not currently operating. It is also known as Tri Energy.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Hin Kong power plant | Hin Kong, Ratchaburi, Thailand | 13.536, 99.743 (exact)[1][2] |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- 1, 2: 13.536, 99.743
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | CHP | Start year |
|---|---|---|---|---|---|---|
| 1 | Operating[3][4][5][6][7][8][9] | fossil gas: LNG[8][10] | 700[2] | combined cycle[8] | not found | 2024[11][7][6] |
| 2 | Construction[4][5][7][8][9] | fossil gas: LNG[8][10] | 700[2] | combined cycle[12] | not found | 2025 (planned)[11] |
CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| 1 | Hin Kong Power Co Ltd [100%][13] | RATCH Group PLC [51.0%]; Gulf Energy Development PCL [49.0%] |
| 2 | Hin Kong Power Co Ltd [100%][13] | RATCH Group PLC [51.0%]; Gulf Energy Development PCL [49.0%] |
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Background
The construction cost of the two units is US$1.27 billion.[14]
Financing for the project was initially expected to be spearheaded by international public funding sources, principally the Asian Development Bank (ADB) and the Japanese International Cooperation Agency (JICA). Following pressure from a coalition of international NGOs, the ADB and JICA withdrew their interest in funding the power plant, and the public funder role switched to the Asian Infrastructure Investment Bank (AIIB). However, again following public pressure, the AIIB stepped away from the project in February 2022.[15]
A string of international and local commercial banks – Mizuho, Sumitomo Mitsui Banking Corporation, Societe Generale, Natixis, Standard Chartered, Bank of China, ICBC, OCBC Bank, Bangkok Bank, Bank of Ayudhya, and Siam Commercial Bank – provided overall lending of US$890 million for the project's construction in a deal that reached financial close in August 2022. RATCH Group and Gulf Energy Development, the project sponsors, provided equity totalling US$380 million.[14]
Articles and Resources
References
- ↑ https://web.archive.org/web/20240125091319/https://datasets.wri.org/dataset/globalpowerplantdatabase. Archived from the original on 2024-01-25.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 https://www.bangkokpost.com/business/1719771/ratch-to-rev-up-hin-kong-plant-in-2021.
{{cite web}}: Missing or empty|title=(help) - ↑ "Gulf Energy Development Public Company Limited". www.gulf.co.th. Archived from the original on 2024-06-25. Retrieved 2024-06-20.
{{cite web}}: Text "โรงไฟฟ้า" ignored (help) - ↑ 4.0 4.1 (PDF) https://web.archive.org/web/20240125125005/https://ratch.listedcompany.com/misc/ar/ratch-ar2022-en.pdf. Archived from the original (PDF) on 2024-01-25.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.0 5.1 (PDF) https://web.archive.org/web/20220524033714/https://www.gulf.co.th/en/pdf/onereport-gulf-2021-en.pdf. Archived from the original (PDF) on 2022-05-24.
{{cite web}}: Missing or empty|title=(help) - ↑ 6.0 6.1 "Thailand's Gulf, Ratch launch first unit at Hin Kong power plant". 2024-03-07. Archived from the original on 2024-08-22. Retrieved 2024-08-18.
- ↑ 7.0 7.1 7.2 https://www.ratch.co.th/en/updates/company-news/1156/ratch-announces-the-dispatch-of-hin-kong-power-plant-block-1-electricity-distribution-to-egat-for-25-years-starting-on-1st-march.
{{cite web}}: Missing or empty|title=(help) - ↑ 8.0 8.1 8.2 8.3 8.4 https://web.archive.org/web/20220807191628/https://www.ratch.co.th/en/business/project-location/thailand. Archived from the original on 2022-08-07.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 https://web.archive.org/web/20231029144719/https://www.pfie.com/story/3640130/hin-kong-ipp-liberalising-thai-gas-dp0wcfzvx0. Archived from the original on 2023-10-29.
{{cite web}}: Missing or empty|title=(help) - ↑ 10.0 10.1 https://www.bangkokpost.com/business/1946464/ratch-giving-teco-to-hin-kong-power.
{{cite web}}: Missing or empty|title=(help) - ↑ 11.0 11.1 https://web.archive.org/web/20230328165232/https://www.nsenergybusiness.com/projects/hin-kong-combined-cycle-power-project/. Archived from the original on 2023-03-28.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20220709133717/https://www.ratch.co.th/en/about/subsidiaries. Archived from the original on 2022-07-09.
{{cite web}}: Missing or empty|title=(help) - ↑ 13.0 13.1 (PDF) https://ratch.listedcompany.com/misc/or/ratch-56-1-structure-data-2022-en.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 14.0 14.1 Hin Kong CCGT Power Plant (1.4GW), IJGlobal, Sep. 20, 2024
- ↑ Viktor Tachev, Hin Kong – Could the Thailand Gas Project Derail AIIB’s Reputation?, Energy Tracker Asia, Feb. 4, 2022
Additional data
To access additional data, including an interactive map of gas-fired power stations, a downloadable dataset, and summary data, please visit the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.
