RATCH Ceases Operation of 2 Thermal Plants following PPA Expiration

RATCH Group Public Company Limited (SET: RATCH) has informed the Stock Exchange of Thailand that Ratchaburi Thermal Power Plant Unit 1 and Unit 2 with the installed capacity of 735 megawatts each, operated by Ratchaburi Electricity Generating Company Limited (the Company’s wholly owned subsidiary) have ceased to operate and distribute electricity to the system due to the expiration of Power Purchase Agreement with Electricity Generating Authority of Thailand on 30 October 2025.

After the aforementioned 2 units of the Thermal Power Plant have ceased to operate, Ratchaburi Electricity Generating Company Limited still has 3 units of Combined-Cycle Power Plant that are still operating and generating income with the total installed capacity of 2,175 megawatts.

The company is in the process of considering additional investments in line with the strategic plan and the management of existing assets to maximize benefits and efficiency with the aim of fostering sustainable overall growth for the company’s Group.