Rayong Gulf PD power station
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Rayong Gulf PD power station is an operating power station of at least 2500-megawatts (MW) in Map Yang Phon, Pluak Dieng District, Rayong, Thailand.
Location
Table 1: Project-level location details
| Plant name | Location | Coordinates (WGS 84) |
|---|---|---|
| Rayong Gulf PD power station | Map Yang Phon, Pluak Dieng District, Rayong, Thailand | 12.950169, 101.156081 (exact)[1] |
Unit-level coordinates (WGS 84):
- 1, 2, 3, 4: 12.950169, 101.156081
Project Details
Table 2: Unit-level details
| Unit name | Status | Fuel(s) | Capacity (MW) | Technology | CHP | Start year |
|---|---|---|---|---|---|---|
| 1 | Operating[2][3] | fossil gas: natural gas[4] | 625[2] | combined cycle[4] | no[4] | 2023[2][3] |
| 2 | Operating[5][2][6] | fossil gas: natural gas[4] | 625[2] | combined cycle[4] | no[4] | 2023[5][2] |
| 3 | Operating[2][7] | fossil gas: natural gas[4] | 625[2] | combined cycle[4] | no[4] | 2024[2][8] |
| 4 | Operating[2][7][9][10] | fossil gas: natural gas[4] | 625[2] | combined cycle[4] | no[4] | 2024[2][9] |
CHP is an abbreviation for Combined Heat and Power. It is a technology that produces electricity and thermal energy at high efficiencies. Coal units track this information in the Captive Use section when known.
Table 3: Unit-level ownership and operator details
| Unit name | Owner | Parent |
|---|---|---|
| 1 | Gulf PD Co Ltd [100%][2] | Gulf Development PCL [70.0%]; Mitsui & Co Ltd [30.0%] |
| 2 | Gulf PD Co Ltd [100%][2] | Gulf Development PCL [70.0%]; Mitsui & Co Ltd [30.0%] |
| 3 | Gulf PD Co Ltd [100%][2] | Gulf Development PCL [70.0%]; Mitsui & Co Ltd [30.0%] |
| 4 | Gulf PD Co Ltd [100%][2] | Gulf Development PCL [70.0%]; Mitsui & Co Ltd [30.0%] |
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Background
NS Energy reported that the original plan and amendments was approved in 2019: "The Gulf PD independent power producer (IPP) project is being developed as part of Thailand’s Eastern Economic Corridor (EEC) development plan, which envisions the industrial development of 13,285km² of coastal region spanning Thailand’s three eastern provinces including Chonburi, Rayong, and Chachoengsao."[11]
In November 2019, Mitsui announced it was investing in the Rayong power plant.[12] Mitsubishi Hitachi Power Systems, Ltd. will be the engineering, procurement and construction (EPC) contractor.[13]
In November 2019, the Asian Development Bank said that the power station would help replace "more than 8,500 MW of generating capacity – equivalent to about 20 per cent of current national energy capacity – of ageing power plants [that] will be retired between 2020 and 2025."[14]
In December 2019, Mitsubishi Hitachi Power Systems shipped the first eight turbines to Bangkok, four for this plant and four for the Chonburi Ng Project power station.[15]
Financing
In November 2019, Gulf PD secured approximately US$1.7 billion in long-term debt from a group of 14 local and international financial institutions. Half of the loan amount is denominated in US dollars, while the other half is denominated in Thai baht. The major financiers of the project are the Japan Bank for International Cooperation with a loan of US$208 million[11] and the Asian Development Bank with a loan of US$180 million.[16]
The other co-financers for the project are the Export-Import Bank of Thailand, Mizuho Bank, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Trust Bank, Bank of Ayudhy, Siam Commercial Bank, Bangkok Bank, Krung Thai Bank, Kasikornbank, CIMB Thai Bank, Government Savings Bank, and Land and Houses Bank.[17]
Gulf Energy and Mitsui together provided US$297.60 million in equity for the project.[18]
Articles and Resources
References
- ↑ (PDF) https://www.adb.org/sites/default/files/project-documents/53239/53239-001-esia-en_1.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.00 2.01 2.02 2.03 2.04 2.05 2.06 2.07 2.08 2.09 2.10 2.11 2.12 2.13 2.14 2.15 (PDF) https://web.archive.org/web/20220524033714/https://www.gulf.co.th/en/pdf/onereport-gulf-2021-en.pdf. Archived from the original (PDF) on 2022-05-24.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 https://www.turbomachinerymag.com/view/m701jac-launched-at-thai-power-plant.
{{cite web}}: Missing or empty|title=(help) - ↑ 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 4.11 https://web.archive.org/web/20220709130522/https://www.nsenergybusiness.com/projects/gulf-pd-power-plant-rayong-province/. Archived from the original on 2022-07-09.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.0 5.1 https://web.archive.org/web/20231106103355/https://www.mhi.com/news/231012.html. Archived from the original on 2023-11-06.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240112192933/https://www.powermag.com/?static_page=part-single&offset=0&postid=207824&widgetload=1. Archived from the original on 2024-01-12.
{{cite web}}: Missing or empty|title=(help) - ↑ 7.0 7.1 (PDF) https://web.archive.org/web/20230612075400/https://hub.optiwise.io/en/documents/69620/20230227-gulf-ar2022-en.pdf. Archived from the original (PDF) on 2023-06-12.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.power-technology.com/news/mitsubishi-power-third-unit-thai-power-plant/.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 https://www.powermag.com/mitsubishi-brings-final-unit-of-5-3-gw-gas-fired-thailand-project-online/?utm_source=omeda&utm_medium=email&utm_campaign=pwrgasdirect+eletter&oly_enc_id=2515H1512489C1W.
{{cite web}}: Missing or empty|title=(help) - ↑ "Gulf Energy Development Public Company Limited". www.gulf.co.th. Archived from the original on 2024-06-25. Retrieved 2024-06-20.
{{cite web}}: Text "โรงไฟฟ้า" ignored (help) - ↑ 11.0 11.1 Gulf PD Power Plant, Rayong Province, NS Energy website, accessed Dec 17, 2019
- ↑ Japan's Mitsui to invest in 2.5 GW gas-fired power plant in Thailand, Reuters, Nov 18, 2019
- ↑ MHPS Receives Order to Construct 5,300MW Power Plant Project in Thailand Incorporating Eight M701JAC Gas Turbines, MHPS website, Feb 9, 2018
- ↑ ADB, Gulf PD sign Bt5.4-bn deal to build power plant in Rayong, The Nation Thailand, Nov 18, 2019
- ↑ MHPS ships JAC turbines for CCGT plant in Thailand, Power Engineering, Dec 6, 2019
- ↑ Thailand : Eastern Economic Corridor Independent Power Project, Asian Development Bank Project Data Sheet, last updated Nov. 22 , 2024
- ↑ Financial close of Gulf PD Company Limited, the operator of Independent Power Producer (IPP) with an installed capacity of 2,650 megawatts, Letter from Gulf PD Company Limited to the Stock Exchange of Thailand, Nov. 18, 2019
- ↑ Gulf Pluak Daeng CCGT Power Plant (2.65GW) IPP, IJGlobal Transaction Data, last updated Sep. 17, 2024
Additional data
To access additional data, including an interactive map of gas-fired power stations, a downloadable dataset, and summary data, please visit the Global Oil and Gas Plant Tracker on the Global Energy Monitor website.
