adjusted in line with natural gas price. Sales of steam increased by totaling Baht 7.5 million or 123 percent due to the growth of customer’s demand in steam from expanding of production line. Absolute Clean
. However, natural gas prices increased while Ft rate remained unchanged, thereby the gross profit in Q4/2018 declined by Baht 36 million or 4%. • IRPC Clean Power (IRPC-CP): Total revenue in Q4/2018
had signed new 8.3 MW, total accumulated capacity in pipe line are 19.7 MW which are under construction and scheduled to achieve COD in 3Q2019-1Q2020. Chonburi Clean Energy, an installed capacities of
which are under construction and scheduled to achieve COD in 4Q2019-2Q2020. Chonburi Clean Energy, an installed capacities of 8.6 MW Waste to Energy Power Plant, representing 2.9 Equity MW, is scheduled
the decrease in selling and administrative expenses but also the better performance of GPSC’s power plants especially IRPC Clean Power Phase 1 whose main customer returned to operate as normal from the
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
, increased by Baht 200 million or 28% from Q4/2017. The increase is mainly due to the rise in sales of electricity to Electricity Generating Authority of Thailand (EGAT) as the COD of both phases of IRPC Clean
Plants (CUP 1-3) and IRPC Clean Power (IRPC-CP) declined. Additionally, there was a decrease in revenue from Availability Payment (AP) of Sriracha Power Plant due to a lower Weight factor during the rainy