devaluation [NRV]] which affected overall performance. Power Plant Business recorded increase in total electricity sales 48% YoY due to investments into the hydro power plant in Laos PDR the “Nam San 3A
Renewable Energy Certificates (REC) concerning its electricity generation output. The construction of the project has progressed 97.99% (The construction plan was 97.46%). The commercial operation date is
holding other company?s stocks ("holding company"). The amended regulations specify that holding company must hold shares in its subsidiaries that are categorized as its core business (either established in
Certificates (REC) concerning its electricity generation output. The construction of the project has progressed 91.55% (The construction plan was 91.52%). The commercial operation date is scheduled in the fourth
projects have the 20 years contract with industrial user to sell electricity along with steam output. It consists of Power Plant Unit 1 and Unit 2 with an installed capacity of 23 MW along with 40 tonnes per
Exchange, sell thermal energy, and receive renewable credits in the form of renewable energy Page 3 certificates (REC) with respect to its electricity generation output. Gangdong will construct and operate
credits in the form of Renewable Energy Certificates (REC) concerning its electricity generation output. Construction works of the project was complete and its operation started on October 1, 2020. 1.1.2
continuously increased since the end of 2019. The details are as follows:- Baht per kg Nov-19 21.47 Dec-19 29.75 Jan-20 37.56 Feb-20 34.72 Mar-20 29.41 CPO price started rising because palm output declined by
the 20 years contract with industrial user to sell electricity along with steam output. It consists of Power Plant Unit 1 and Unit 2 with an installed capacity of 23 MW along with 40 tonnes per hour and
Quarter 2018 MD&A 1 Indorama Ventures Public Company Ltd Management Discussion and Analysis 1st Quarter 2018 Best Performance Since IPO Core EBITDA of $326 million – 49% increase year-on-year Core