related to generation and distribution of electricity under SAAM-SP1 mainly includes (1) depreciation expense for the solar power project, (2) operation and maintenance (O&M), and (3) other costs such as
of sales related to generation and distribution of electricity business under SAAM-SP1 mainly includes depreciation cost for a solar power plant, operation and maintenance (O&M) and utility expenses
supports the operation of the PTT Group Note: The diagram shows the power generation capacity growth after the acquisition of GLOW GPSC ELECTRICITY GROWTH PIPELINE Grow along with PTT • Business expansion
generation in Q1/2018 causing the gross profit to increase by Baht 26 million or 5% from Q1/2018. • Ichinoseki Solar Power 1 GK (ISP1): The revenue in Q2/2018 had increased by Baht 73 million due to the heavy
currency translation differences, decreasing the equity in the amount of Baht 1,295.02 million. Additionally, change in fair value of the investment in EDL-Generation Public Company decreased the equity in
subsidiary, completed the construction of a natural gas power plant in Chachoengsao and started selling electricity to the Electricity Generation Authority of Thailand. The Group assessed the Power Purchase
year, resulted in the increase in electricity generation. 3.5.3 The profit of Ratchaburi Power Company Limited, a joint venture, in a portion of 25 percent, decreased in the amount of Baht 101.80 million
project worth approximately THB 150 million. This project integrates several Smart Energy technology including blockchain-based smart grid for management of solar power generation, Artificial Intelligence
rate at every 4 months basis to better reflect the fuel cost of electricity generation. Currently, GPSC has planned to handle with the change and consistently monitors the updates from the ERC. In Q4