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Feasibility Study of a 900 MW Pumped Storage Hydropower Plant in Thailand

Leading a Feasibility Study for EGAT of the 900 MW Vajiralongkorn Dam Pumped Storage Hydropower Plant

Delphos Financial Advisor Feasibility Study of a 900 MW Pumped Storage Hydropower Plant in Thailand
Delphos Financial Advisor Feasibility Study of a 900 MW Pumped Storage Hydropower Plant in Thailand

Delphos secured a tender to lead the comprehensive feasibility study for the 900 MW Vajiralongkorn Dam Pumped Storage Hydropower Plant. This strategic project is vital for achieving Thailand’s ambitious carbon reduction goals. EGAT, Thailand’s state-owned utility, projects a need for 5,600 MWh of storage by 2035 and 28,000 MWh by 2040. The study will evaluate hydraulic, geotechnical, and geological factors, optimizing the plant’s design for future energy storage capacity and economic efficiency.

Thailand, Energy and Natural Resources, Hydro, Storage, Asia, Transaction Advisory, 2024, SDG

Sector

Energy and Natural Resources

Unique Challenge

Effectively valuing future benefits of pumped storage hydro in light of a long lead time development cycle

Sub-sector

Hydro, Storage

Deal Impact in Numbers

This project, is part of the country's broader aim to generate 25% of its electricity from renewables by 2037

Year

2024

SDGs

SDG 7 Ensure access to affordable, reliable, sustainable and modern energy for allSDG 13 Take urgent action to combat climate change and its impacts

Deal Impact in Lives

Improving grid integration of variable renewable energy and accelerating energy transition

Location

Thailand

Thailand Feasibility Study of a 900 MW Pumped Storage Hydropower Plant in Thailand Financial Advisory Delphos