MD&A Q2Y2017 _E_ 09.8.17 Ratchaburi Electricity Generating Holding PCL Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Management Discussion and

sales and rendering of services and cost of sales and rendering of services (excluding fuel costs). Also, the revenue from sales of Ratchaburi Electricity Generating Company Limited increased due to the

-year power purchase agreement with the Republic of Indonesia’s electricity authority, PT PLN (PERSERO). The Project is expected to commence commercial operation in 2021. Management Discussion and

off-peak period which has lower electricity cost. The average selling price in this quarter was at THB 17,403 per ton, dropped 7% from the previous quarter, due to the decrease in market price worldwide

, gross profit of the Houay Ho power plant also decreased along with the lower demand for electricity from EGAT as a result of the lower power generation. On the other hand, gross profit from Sriracha Power

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