lower EGAT dispatch as a results of EGAT’s transmission line maintenance and lower contribution from Gulf VTP and BGWHA-1 due to having planned maintenance, despite a 5.5% increase of power demand from

lower contribution from GHECO-One and lower power dispatch of HHPC. SPP  For 2019, 8 SPPs generated Baht 728.6 million of Normalized Share of Profit, a 12.6% increase from 2018 mainly due to newly COD of

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time dispatch of all generators which is set daily on a merit cost basis. South Korea’s electricity generating capacity is estimated to increase to 174,000 megawatts. The government plans to shift away

dispatch from EGAT, comparing to the same period of previous year. Meanwhile, Availability Payment (AP) was decreased according to the PPA. BLCP: Unit : Million Baht Quarter 2 Change Increase (Decrease) 2019

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according to the PPA and a decrease in electricity profit resulting from the lower dispatch from EGAT, comparing to the same period of previous year. Page 15 Quezon (Include PEPOI and QMS): Unit : Million

and ABPR5 which commenced commercial operation in February, June and October 2018 respectively, 2) seasonal impact (as the dispatch volume is usually soft in Q4) and 3) additional contributions from

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year. Additionally, administrative expenses and interest expenses were decreased. Meanwhile, Availability Payment (AP) decreased according to the PPA and electricity profit was down by lower dispatch of