Huay Bong 2 is a 103.5MW onshore wind power project. It is located in Nakhon Ratchasima, Thailand. The project is currently active. It has been developed in single phase. The project construction commenced in 2011 and subsequently entered into commercial operation in February 2013.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Onshore | 103.5 | 103.5 | – | Active | Nakhon Ratchasima, Thailand | Aeolus Power; Chubu Electric Power Korat; KR 2; RATCH Group |
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Description
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The project was developed by Aeolus Power, Chubu Electric Power Korat, KR 2 and RATCH Group. Aeolus Power, Chubu Electric Power Korat and RATCH Group are currently owning the project having ownership stake of 60%, 20% and 20% respectively.
The project generates 219,300MWh electricity thereby offsetting 131,141t of carbon dioxide emissions (CO2) a year. The project cost is $194.354m.
Development Status
The project is currently active. The project construction commenced in 2011 and subsequently entered into commercial operation in February 2013.
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By GlobalDataPower Purchase Agreement
The power generated from the project is sold to Electricity Generating Authority of Thailand under a power purchase agreement for a period of 25 years.
Contractors Involved
Siemens Gamesa Renewable Energy was selected as the turbine supplier for the wind power project. The company provided 45 units of SWT-2.3-101 turbines, each with 2.3MW nameplate capacity.
Siemens Gamesa Renewable Energy is the O&M contractor for the wind power project. The operation and maintenance contract commenced from 2013, for a period of 16 years.
About RATCH Group
RATCH Group PCL (RATCH), formerly Ratchaburi Electricity Generating Holding Public Co Ltd, is an independent power producer. Through investments in subsidiaries, associates and joint ventures, the company operates electricity generating and related businesses. It operates independent power producing and small power producing (SPP) natural gas, coal, and fuel oil power plants. RATCH invests in very small power producing solar, wind, and biomass plants, and SPP plants; and fuel power plants, renewable projects, electricity generation, and energy projects across Asia Pacific. It also provides power plant operation and maintenance; coal mining; fuel sourcing and supply; lignite mining; biomass materials sourcing; and gas turbine refurbishment services. RATCH is headquartered in Nonthaburi, Thailand.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
