Thailand's Electricity Generating Public Company Limited (EGCO), through its unit Natural Energy Development Co. (NEDCo), plans to develop a second solar power plant next to its existing solar project in Lopburi province, Thailand.
The 11 MW solar plant will be an expansion to the previously announced 73 MW solar photovoltaic power plant. NEDCo is a joint venture between EGCO, Diamond Generating Asia Ltd, a unit of Japan's Mitsubishi Corp 8058.T, and CLP Thailand Renewables Ltd, a unit of Hong Kong-based CLP Holdings Ltd 0002.HK with a holding of 33.33% each.
The solar farm represents about THB1.2 billion (US$34 million) of investment.