RATCH acquires a 50% stake in a hydropower project in Indonesia.

RATCH Group is investing 528.07 million baht to invest in a 50% stake in the Sibundong Hydroelectric Power Plant Project in Indonesia with a capacity of 73.7 MW, which is expected to start commercial operation in 2028. The President of RATCH Group Public Company Limited or RATCH revealed that RH International (Singapore) Corporation Pte.Ltd. Acquired ordinary shares from Eco Energy Holding Pte.Ltd. (EEH) through Fareast Renewable Development Pte.Ltd. (FRD), a subsidiary in which RHIS holds a 90% stake, to invest and co-develop the Sibundong Hydroelectric Power Project, operated by PT Tapanuli Hydro Energy Through this acquisition, RHIS will be a shareholder in the project. accounts for 50%, which is US$ 13.89 million or equivalent to 528.07 million baht
  
The Sibundong Hydroelectric Power Plant Project with a capacity of 73.7 megawatts is a year-round hydroelectric power plant. (river course) located on the Sibandong River. North Sumatra republic of indonesia It is a project developed by a subsidiary of EEH, which is a partner in the operation of the Asahan-1 Hydroelectric Power Plant. with plans for commercial operation in 2028