Limited, the Company’s direct subsidiary, holds 40 percent stake), the operator of a small power producer in Nava Nakorn Industrial Promotion Zone, invested in an expansion for an addition of 60 megawatts
Thailand Absolute Clean Energy Public Company Limited (“the Company”), are pleased to provide you our management discussion and analysis for the year ended 31 December 2020 of the Company and the
profit decreased by Baht 128 million mainly due to the decrease in steam sales volume of Rayong Central Utility Plants (CUP) and IRPC Clean Power (IRPC-CP) decreased, even though the electricity sales
Authority of Thailand (EGAT) because of the reserved shutdown following EGAT dispatch instruction; IRPC Clean Power Phase 1 (IRPC-CP Phase 1) ceased the gas turbine generator to commissioning with Phase 2 in
of IRPC Clean Power Phase 2 (IRPC-CP Phase 2) in November 2017, in which GPSC holds 51% equity, has expanded the electricity generating capacity allowing the company to increase the volume of
to capital increase in joint ventures proportionately. 3. Increase in investment available-for-sale of THB 946.4 mm, mainly from reinvestment in WHART to maintain 15% stake and increase in market
in associates and joint ventures increased by THB 13,349 million; mainly from BCPG Plc., a subsidiary of the company, invested CapAsia ASEAN Wind Holdings Cooperatief U.A, which holds a 40% stake in
expected to enhance MACO’s media management’s capabilities under our digitalisation strategy both in Thailand and overseas. Moreover, MACO has acquired the remaining shares of Multi Sign, taking our stake to
holding 100% of WICE SG from the original. 70% stake Financial status of the company Quite strong Therefore has the ability to expand new investments The company aims to expand the logistics service to
holding 100% of WICE SG from the original. 70% stake Financial status of the company Quite strong Therefore has the ability to expand new investments The company aims to expand the logistics service to