The Electricity Generating Public Company Limited (EGCO) is the first Independent Power Producer in Thailand to be established on May 12, 1992, through the partial privatization of the state enterprise, the Electricity Generating Authority of Thailand (EGAT) with the aim to reduce the state's financial burden, encourage the private sector to participate in energy sector
and enhance the efficiency of the electricity generation.
EGCO is structured as a holding company with a number of subsidiaries. This type of structure is generally recognized worldwide
as best to promote management flexibility and efficiency.
Its main business is to produce electricity and supply it to EGAT under long-term power purchase agreement. EGCO also searches
for other good opportunities for growth in the energy related to the core business. The objective is to maintain the leading position
in the electricity generation aiming at favourable return on investment and maximizing the stakeholders' value. |