operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the
increased by Baht 129 million or 19% because of the increase in selling price resulted from the increase in the Ft rate as well as the Weight factor in conjunction with the low cost of natural gas when
power production such as natural gas, as well as the depreciation of Thai Baht against US dollars. These are measures to support the electricity consumers; however, there is still no measures to support
Q1’2018 (2.87 Baht/KWh in Q1’2017 and 2.85 Baht/KWh in Q4’2017) because the energy payment is indexed to the price of natural gas for which slightly increased to 237.21 Baht/mmBtu in Q1’2018 (232.68 Baht
combined cycle cogeneration power that commenced COD on June 1, 2018. It has an installed capacity of 133 MW and sells electricity to EGAT 90 MW under a 25-year PPA. The project was able to achieve COD as
& Trading Business Group 12 Marketing Business Group 13 Power Plant Business Group 16 Bio-Based Products Business Group 18 Natural Resources Business Group 20 Statement of Financial Position 22 Cash Flows
51% n/a Average price of natural gas (Baht/MMBTU) 261 237 241 2% (8%) Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q1/2018 ผลประกอบ การบริษัท Gross profit of the Combined
the drop in natural gas cost and maintenance cost that varies to the operating hours. Consequently, the gross profit increase by Baht 18 million or 9% from Q2/2017. • Rayong Central Utilities Plant
combined installed capacity of 31 MW and sells all electricity to PEA and MEA under a 25-year PPA. These projects were able to achieve COD as scheduled in PPA while the construction cost was also in line
support and grow together with us. Commercial operation of ABPR5 From a total of 3 SPP power plants in Amata City Industrial Estate that have scheduled COD in 2018, ABPR5 is the third gas-fired combined