to full operation with enhanced efficiencies after planned major maintenance 1Q2017 - B.Grimm Power (WHA) 1 operated full quarter. In addition, Gulf VTP, one of the four SPPs to COD this year, achieved
year 2017. Meanwhile, most of projects in 2016 were sales of goods and installation and maintenance services, which were high margin projects. As a result, the increase in cost of the Q4-2017 is higher
decreased was mainly from GHECO-One Power Plant operated only 48 days mainly due to scheduled major maintenance resulted availability of power plant decreased from 91.2% in 1Q2018 to 50.3% in 1Q2019
), Very Small Power Producer (VSPP), Coal Mining, Operating and Maintenance (O&M), Management and Administrative Services (Management Services). Details as at March 31, 2018 of each plant are as follows: (1
from USD Loan to related parties at WUPIN 7 One-time Accounting Adjustment is the revision of recognition of maintenance cost of Gulf SPPs (GVTP, GTS1, GTS2, GTS3 and GTS4) but this revision had impact
recognizing gross profit from 3 of GLOW’s IPP plants of Baht 1,541 million. As for Sriracha Power Plant, gross profit increased by Baht 37 million due to lower maintenance cost from Long Term Service Agreement
other Siemens gas turbines on next scheduled major over haul: 1. Availability – to increase availability or reduce a number of maintenance days 2. Efficiency – to enhance heat rate of gas turbine as well
million % THB million % Cost of sales – sale of electricity 6.11 32.11 6.10 29.65 0.01 0.18 Depreciation of power plants 5.08 26.69 5.08 24.70 0.00 0.00 Operation fee and maintenance cost of power plants
sales and installation and maintenance services, increased from Q1-2017 and Q2-2016 representing an increase of 211.2 MB and 131.0 MB respectively. This is because at the end of Q1-2017 the Company has