314.54 million due to the decrease in Base Availability Credit in 2018 compared to that of 2017, as specified in the Power Purchase Agreement. Management Discussion and Analysis For the Three-month and

notice of the shareholders’ meeting which contains the information at least as specified by the Notifications on Acquisition or Disposal of Assets, together with the opinion of the independent financial

our operations comply with health and safety protocols. As for the measures taken to prevent the spread of COVID-19, the Company strictly adheres to and complies with the guideline specified by the

that of 2019, as specified in the Power Purchase Agreement. In addition, the Combine Cycle Power Plant unit 3 had planned maintenance shutdown (Major Overhaul) from June 7 to July 28, 2020. (2) Revenue

Limited, a subsidiary, in the amount of THB 241.25 million due to the decrease in Base Availability Credit in 2020 compared to that of 2019, as specified in the Power Purchase Agreement. (3) The decrease in

, the decrease of Availability Payment profile as specified in the PPA is the key reason of the decrease in Normalized Share of Profit from GHECO-One. Nevertheless, GHECO-One still provide a strong cash

subsidiary, increased in the amount of THB 348.34 million due to the increase in Base Availability Credit in 2019 compared to that of 2018, as specified in the Power Purchase Agreement. 3.2 Revenue from

Krabi Municipality to provide waste management services (converting solid waste into electrical energy for 25-year period started from the date of contract). As specified in the contract, the subsidiary

solid waste into electrical energy for 25-year period started from the date of contract). As specified in the contract, the subsidiary shall transfer building, machine and equipment to Krabi Municipality

revenue from construction. As specified in the contract, the subsidiary shall transfer assets when the contract ends. The Group’s management assessed the agreement in accordance with TFRIC 12 ‘Service