Bangkok, April 12 – Electricity Generating Public Company Limited or EGCO Group has approved the dividend payment from the second half of 2022 operating results at 3.25 baht per share, including interim dividends already paid. equivalent to a dividend of 6.50 baht, with an investment budget of 30,000 million baht, announcing the No Coal policy
Mr. Thepparat Theppitak, President of EGCO Group, further revealed that from a solid business foundation. With a diversified portfolio financial liquidity With strong operating cash flow, EGCO Group has the ability to pay dividends continuously.
For future investment plans, EGCO Group aims to achieve carbon neutrality within 2050 by seeking investment opportunities in the power business. which is a core business with expertise both domestically and internationally Both clean power plants and traditional power plants. Especially power plants that use natural gas as fuel. to support the energy transition without additional investment in power plants or coal businesses At the same time, the existing power plants will be managed with maximum efficiency and minimum carbon emissions. With the study to use hydrogen and ammonia as fuel mixtures including the use of trapping technology utilization and carbon sequestration (CCUS). In addition, EGCO Group aims to build business ecosystems by expanding investments in related energy businesses. To become a leader in sustainable energy solutions, in 2023, EGCO Group has set an investment budget of approximately 30,
Regarding the “Yunlin” project in Taiwan, which is delayed in the construction of large-scale offshore wind turbines with higher construction costs, EGCO Group, as one of the shareholders, participated in the study of the effects Conducting risk analysis and the possibility that may occur in various situations to determine the most beneficial approach. as well as hastened to closely monitor the progress of the project and jointly adjust the construction plan to ensure that the project will be completed by the year 2024 .-Thai News Agency
Source: Thai News Agency
