Electricity Generating Public Company Limited or EGCO Group and Hitachi Group signed a memorandum of understanding (MOU) to jointly study technology and intelligent systems for the “EGCO Rayong” Industrial Estate Project which is to be developed into a Smart & Green Industrial Estate to serve the needs of targeted industrial customers of the future S-Curve and New S-Curve in the Eastern Economic Corridor (EEC).

Mr. Thepparat Theppitak, EGCO Group’s President, said, “EGCO Group together with Hitachi Asia (Thailand) Co., Ltd. and Hitachi Energy (Thailand) Limited signed a MOU to carry out a project to study the development of technology and intelligent systems under the project named "Accelerated Digital Transformation: DX Study" for the “EGCO Rayong” Industrial Estate Project which seeks to jointly develop an appropriate technology and smart system plan in this industrial estate, as well as apply the study results to other development projects of EGCO Group as appropriate.”

This cooperation is in line with EGCO Group's goal to develop the “EGCO Rayong” Industrial Estate Project, located in Map Ta Phut Municipality, Muang Rayong District, Rayong Province, covering an area of 621 rai, to be a smart and green industrial estate. The Special Economic Promotional Zone which has been announced in the Royal Gazette is to support both S-Curve and New S-Curve industries. The four targeted S-Curve and New S-Curve industries which will be promoted to invest in the Special Economic Promotional Zone comprise digital industry, next-generation automotive industry, robotic manufacturing industry, as well as aviation and logistics industries.

“EGCO Group is committed to developing the “EGCO Rayong” Industrial Estate to respond to the needs of modern industries in all aspects including research & development and business promotion according to the targeted industries, such as the production of electric vehicles, modern battery production, supporting the aviation industry and data center, etc., resulting in using expertise in the power business to support the demand for renewable energy and clean energy. It also places great emphasis on environmentally friendly management, caring for the community and society as well as all stakeholders according to EGCO Group’s strategic direction for driving the organization towards sustainability under the concept of Cleaner, Smarter and Stronger to Drive Sustainable Growth,” said Mr. Thepparat.

Mr. Andrew Hamilton, General Manager of Digital Transformation Consulting & Marketing Group, Hitachi Asia (Thailand) Co., Ltd., said, “Hitachi Asia and Hitachi Energy see this MOU as a great opportunity to work with EGCO Group to co-create the digital transformation roadmap for the “EGCO Rayong” Industrial Estate Project. The objective of the roadmap is to guide EGCO Group on its journey toward planning, designing, constructing and operating smarter and more sustainable industrial estates thus contributing to Thailand’s targeted S-curve industries growth in the Eastern Economic Corridor (EEC)."

Dr.Worawut Waruttamapornsu, Country Managing Director, Hitachi Energy (Thailand) Limited said, “Hitachi Energy and Hitachi Asia are excited to work with EGCO Group for achieving its smart and green goals for the “EGCO Rayong” Industrial Estate Project. Hitachi affirms the knowledge and expertise of the teams for the collaboration for the roadmap based on the commitment to developing social innovation solutions for a smart, green and sustainable energy future for all.”

Currently, the “EGCO Rayong” Industrial Estate Project is in the process of designing details to prepare the infrastructure management system and allocation of usable space for maximum benefit. The construction is expected to commence in mid-2023. Meanwhile, EGCO Group is in the process of finalizing business and marketing plans, in line with the needs of the industries and to support the needs of targeted customers who expressed their willingness to invest in this industrial estate.

About EGCO Group
EGCO Group currently has a total equity capacity of 6,377 MWe (including both power plants that already started commercial operations, and projects under construction). Total equity capacity from renewable energy is as high as 1,424 MWe, which includes biomass, hydropower, solar power, wind power, geothermal power and fuel cells. These power plants and its other projects are located in eight countries, namely Thailand, Lao PDR, Philippines, Indonesia, Australia, South Korea, Taiwan and USA. In addition, its energy-related businesses include the Extension of Petroleum Pipeline System in Northeastern Project (“TPN”), “EGCO Rayong” Industrial Estate Development Project, the license to source and supply natural gas in Thailand, financial technology company (“Peer Power”), innovation research and development company (“Innopower”). 

About Hitachi,Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totalled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide.