Thai wind farm to start operation
Wind generated power sold.
Those sourced from Wind Energy Holdings' new 103.5MW wind farm in Nakhon Ratchasima province will be bought by the Electricity Generating Authority of Thailand at the THB6.5bn or $211.5 million.
EGAT has signed a power purchase agreement with WEH subsidiary First Korat Wind, the wind farm operator, to secure the deal.
The wind farm utilizes 45 wind turbines located 300 meters above sea level.
The development is part of WEH's plans to build wind farms with a combined capacity of 1000MW by 2020.
WEH is also developing a second 103.5MW wind farm in Nakhon Ratchasima province, which is expected to start operations in the first quarter of 2013.
Under the first phase of the project, the company will have wind farms with a combined capacity of 550MW operating under seven licences obtained from the Energy Ministry.
Additional wind farms with a combined power generating capacity of 500MW would be developed in the second phase of the programme starting from 2016.
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