EGAT to invest in Indonesia

Electricity Generating Authority of Thailand (EGAT) plans to invest in Indonesian coal mines to secure supply for four proposed coal-fired power plants in Thailand. EGAT is looking into the commercial viability of several mines in Kalimantan and Sumatra the state-owned utility told the Bangkok Post.
The utility has found it increasingly difficult to secure long-term contracts for imported coal as exporters reduce contract periods from ten years to between three and five years, forcing power generators onto the expensive spot market.
EGAT expects to select the sites of the four proposed coal-fired power plants, with a combined capacity of 2,800MW, by year-end. The power plants, to come online between 2015 and 2017, face considerable opposition from community and environmental activists within Thailand.
If EGAT is prevented from building the power plants, the company would buy power from the proposed 3,600MW Koh Kong coal-fired power plant in Cambodia scheduled to come on-stream in 2019.

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