Egat chairman Areepong Bhoocha-Oom said EGATi, which is Egat’s overseas investment arm, would have to catch up with the global trend of green energy. Egat definitely wants two gigawatts of renewable energy. EGATi president Watchara Hemruchatanun said EGATi has conducted a feasibility study on expanding in the electricity-generating business with the focus on renewable energy. If the company decides to enter the renewable energy business, it will start with Asean countries. However, the renewable energy business requires plenty of capital, so the company will make sure that the time is right and the project is profitable, he added.

Source: The Nation Bangkok May 14, 2017 18:00 UTC