percent of the generated electricity is sold to Alinta Energy, the power purchaser under the PPA, while the remaining 30 percent is sold into the Commonwealth of Australia’s National Electricity Market. 1.5

from Power Business and Share of Profit from Investments and Dividend 257.61 186.22 38.3% - IPP 96.6 19.5 395.8% - SPP 139.4 168.6 -17.3% - Renewable Energy 21.4 (0.5) -4566.0% - Power Plants under

Asia Energy Limited 68.86 Solar Power Company Limited (Korat 3 4 7) 46.27 Others 50.19 Total 2,615.99 4.1.4 Trade accounts receivable from related parties of Ratchaburi Electricity Generating Company

investors. The proceeds will be used to support financing of Rayong Waste to Energy (WTE) project and solar power plant projects as parts of GPSC’s plan to scale up our renewable businesses. GPSC’s senior

million; as follows:- Management Discussion and Analysis For the Year Ended December 31, 2018 Page 11 Company Million Baht Hongsa Power Company Limited 3,120.02 SouthEast Asia Energy Limited 398.56

. Moreover, in April 2019, Mutual Cooperation Meeting, between BGRIM and Korea Electric Power Corporation (KEPCO) was held in Seoul, for strengthening the cooperation and implementation of energy storage

decrease was mainly due to the following reasons: • Revenue of Independent Power Producer (IPP) decreased by Baht 1,261 million as a result of the Energy Payment (EP) from Sriracha Power Plant as the

PACKAGING (VIETNAM) CO., LTD. ALL ENERGY & UTILITIES PUBLIC COMPANY LIMITED ALL INSPIRE DEVELOPMENT PUBLIC COMPANY LIMITED ALLA PUBLIC COMPANY LIMITED ALLIANCE CLEAN POWER COMPANY LIMITED ALLIANZ AYUDHYA

Power Plant: Although the revenue in Q2/2017 decreased by 11% due to the decline of Energy Payment (EP) from the decrease in submitted electricity volume to Electricity Generating Authority of Thailand

acquisition in PetroWind Energy that operates Wind Power Plants in the Philippines, realizing an increase in share of profit. 8. Tax expense was credited due to the company receiving income tax refund from 2007