, the company tried to hold back on the retail adjustments to alleviate consumer burden during June where oil price rose significantly and rapidly. Power Plant Business electricity sales slightly declined
Co., Ltd. (TWF) EGCO Plus Co., Ltd. (EGCO Plus) VSPP VSPP VSPP Holding Co. VSPP VSPP Holding Co. 1.2 Overseas Power Generation Quezon Power (Philippines) Limited Co. (Quezon) Boco Rock Wind Farm Pty
Solar Co-op commercial operation in Thailand, and the Nikaho and Nagi Project in Japan. Along with further investments in Wind Power Plant Business in the Philippines, and Geothermal Power Plant Business
, oil price started tumbling, increasing marketing margin. Power plant business recorded a higher total electricity sales both from the solar power plants in Thailand and Japan. For projects in Thailand
” project in September 2019, the “Nam San 3B” project in February 2020, and the commencement of commercial operation of the wind power plant in Thailand, “Lom Ligor” . In spite of the aforementioned, the
Projects under construction - Yunlin Project (The project), a project of Yunlin Holding GmbH (Yunlin) (EGCO holds a 25% ownership interest), is an offshore wind farm power plant project which located in the
FURNITECH PUBLIC COMPANY LIMITED EASTEAN POLIPACK COMPANY LIMITED EASTERN COMMERCIAL LEASING PUBLIC COMPANY LIMITED EASTERN PLAM OIL COMPANY LIMITED EASTERN POLYMER GROUP PUBLIC COMPANY LIMITED EASTERN POWER
population in Bangkok and northern Metropolitan zone. Management Discussion and Analysis For the 1st Quarter Ended 31 March, 2020 Page 3 1.3 Signing of Power Purchase Agreements for Collector Wind Farm in the
Thailand which are the main source of revenue. Altogether, the amount of electricity sold increased both QoQ and YoY, from the commencement of commercial operations of the Thailand based wind power plant
projects in Thailand, electricity sales was consistent. There were also shares of profit from Wind power plant and Geothermal power plant. However, in Q1/2017 recorded gain from selling of asset of Suimei