be complet ed based on the remaining period of the contract that appeared in intangible assets by using straight-line method with estimated useful life of 5 to 31 years. Meanwhile, goodwill will not be
due to the decreased in revenue from solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the decrease in revenue from chilled water following the
from Ichinoseki Solar Power 1 GK (ISP1) and the decrease in revenue of solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) following the existing projects. The
affected company's results of operations include (i) coal price and gas price that continued to drop further from previous quarter resulting in lower costs of sales and (ii) COVID-19 pandemic. Based on our
the successful pilot project, ABP3, completed in January which enhanced the performance of gas turbine [to lower the heat rate of the power plant, shorten the maintenance period (or add operating days
from the contributions of 1) additional industrial users with total PPA of 25 MW, 2) ABP3 and ABP5 improving heat rate after gas turbine upgrade in December 2018 - January 2019 and July 2019 respectively
of some spare parts and gas-cost saving of no less than THB 50 million per annum from gas-turbine upgrades in 2019-2020. B.Grimm has THB 21 billion cash on hand as of Q1’2020. Based on various scenario
million mainly due to the decreased in revenue from Combine Heat and Power Producing Company Limited (CHPP) by Baht 19 million as a result of the lower revenue from solar cell implementation; despite the
service (EPC) and solar cells implementation of Combine Heat and Power Producing Company Limited (CHPP) as the revenue recognition is based on the progress of ongoing projects. Quarterly Comparison of
budget. The projects already contributed Baht 183 million revenue in Q2’19 based on the 20-year PPA with Electricity of Vietnam (EVN) with tariff of USD 9.35 cent per kWh. DT1&2 solar projects and Phu Yen