Business Operation of GLOW3 GLOW is one of the largest private electricity generators and providers of industrial utilities in Thailand by operating Independent Power Producers (IPP) and cogeneration
performance after the acquisition of GLOW including Independent Power Producer (IPP), Small Power Producer (SPP) and Very Small Power Producer (VSPP) and Others. For Q2/2019, the adjusted net income was at Baht
million, increased by Baht 475 million or 82% from Q4/2018, and NNP margin increased by 2% as there was a major overhaul of the Independent Power Producer (IPP) in Q4/2018 compared to Q1/2019. Also, NNP
announcement regarding the execution of long-term Power Purchase Agreements with Electricity Generating Authority of Thailand (“EGAT”) dated 31 August 2020. The total investment value for the Transaction is
of Gross Profit in Q1/2020 Small Power Producer (SPP) Baht 3,834 million (71%) Independent Power Producer (IPP) Baht 1,459 million (27%) Very Small Power Producer (VSPP) and others Baht 72 million (2
megawatts, 15,130 megawatts or 30.7 percent of which were generated by EGAT power plants, and the remaining from other producers as follows; • Independent Power Producers (IPPs) 14,948 megawatts or 30.3
, please contact Investor Relations Section of the Electricity Generating Public Company Limited at Tel: 662-998-5145-8 or Email: ir@egco.com Page 2 Management Discussion and Analysis 1. Power Industry and
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
directors to bind the Company or any person authorized by such directors to have the power to negotiate and determine the details, terms and conditions and other procedures for the benefits of the acquisition