SIPCO has been awarded a license under the Small Power Producer (SPP) generation program by Electricity Generation Authority of Thailand (EGAT) to build, own and operate a 450 MW combined cycle power plant in the SSP Industrial Park in the Rayong Province of Thailand. The project is planned to be implemented in several phases.
Currently, SIPCO is implementing a 150 MW combined cycle gas fired power plant together with related transmission and distribution systems with first delivery of power expected in 2007.
SIPCO has been granted a Concession Agreement by Ministry of Energy as the sole supplier of power to users located within the SSP Industrial Park. SIPCO aims to supply energy (electrical and steam) at attractive prices. The state of the art combined cycle power plant technology assuses high availability.