The initial project of AMATA POWER LIMITED, Amata-EGCO Power
Limited (AEP), was established as a joint venture with
Electricity Generating PCL. (EGCO) in late 1995. AEP's goal was
to develop a 165 MW co-generation power plant under the Small
Power Producer (SPP) program at the Amata Nakorn Industrial
Estate. The construction of the combined cycle portion was
completed in July 1998.
The grand opening ceremony of Amata-EGCO Combined Cycle Power
Plant was graciously presided by HRH Princess Maha Chakri
Sirindhorn on September 27, 1999.
AEP is the first Thai Small Power Producer project to be
financed on a limited resource basis without any guarantees
from other local banks.
"Amata-EGCO Power Limited" has changed the company name to
"Amata B.Grimm Power 1 Limited" from June 2008
This is the first Thai small power producer
project to be financed on a limited recourse basis, without any
guarantees from other local banks that would normally have to
be furnished by the borrower.
