History

History

The Electricity Generating Public Company Limited or EGCO Group is the first independent power producer in Thailand, established on May 12, 1992 by Electricity Generating Authority of Thailand (EGAT). Such incorporation marked the commencement of the Thai government’s privatization initiatives to allow private sector investment in the power industry. On March 23, 1994, EGCO Group was transformed into a public company and then listed on the Stock Exchange of Thailand (SET) on January 16, 1995.

Being a holding company, EGCO Group's main source of revenue is from the dividend incomes from subsidiaries and joint ventures which are located in both Thailand and the Asia Pacific region. The Company’s subsidiaries operate in either the power business with Power Purchase Agreement (PPA) or other related power generation and distribution businesses.

The Company’s power plants presently generate electricity using several fuel sources such as natural gas, LNG, coal, biomass, hydro, solar, wind, geothermal and fuel cell.

EGCO Group is greatly determined to conducting business based on the principle of sustainable development. Apart from operating performance, the Company places high priority in environment protection and social development support. This includes enhancing power system stability, supporting environmental sustainability, and strengthening the well-being of communities and society.

 

Vision And Mission

Vision

To be a major sustainable Thai power company doing business in Thailand and the Asia Pacific region, with full commitment to environment protection and social development support.

Mission
  1. To secure continuous growth in order to maximize shareholder's value.
  2. To offer reliable power supply.
  3. To be a good corporate citizen and be considerate to society and environment.

 

Shareholding Structure

EGCO Group is a listed company on the Stock Exchange of Thailand (SET). The ultimate shareholders of EGCO’s major controlling shareholders are Electricity Generating Authority of Thailand (EGAT) and TEPDIA Generating B.V. (TEPDIA).
Other shareholders are Thai NVDR Company Limited, Thai and foreign investors.

Registered Capital : 5,300 million baht comprising 530,000,000 ordinary shares  
Paid Up Capital : 5,264.65 million baht comprising 526,465,000 ordinary shares  
Par Value : 10 baht  

As of May 10, 2019