before Interest, Taxes, Depreciation and Amortization EDL Electricite Du Laos EGAT Electricity Generating Authority of Thailand ERC Energy Regulatory Commission EPC Engineering, Procurement and
Discussion and Analysis ABBREVIATION COD Commercial Operation Date EBITDA Earnings before Interest, Taxes, Depreciation and Amortization EDL Electricite Du Laos EGAT Electricity Generating Authority of
) (87.8% construction progress) - Nava Nakorn Electricity Generating Company Limited (NNEG) (28.3% construction progress) Demand for electricity in 2019 Growth with PDP and PTT GroupNew projects in 2019
will reflect the forecast to be more accurate than the past, that only included three main electricity generators; Electricity Generating Authority of Thailand (EGAT), Provincial Electricity Authority
participating profit from investment in associated companies and the joint venture in 2018, compared to the same period last year, comes mainly from the increase in electricity generating to the EGAT’s system of
34.0% compared with the same period of 2019. Furthermore, there was a project utilizing CPO to produce electricity that the crushing mills would supply CPO for Electricity Generating Authority of
commercial electricity sales in the 2nd quarter of 2020 totaling of Baht 89.92 million, an increase from the 2nd quarter of 2019 in which the company had revenue from the energy business group of Baht 85.19
Analysis For the Three-month and Six-month Periods Ended 30 June, 2020 Page 1 Abbreviation The Company RATCH Group Public Company Limited EGAT Electricity Generating Authority of Thailand COD Commercial
Power Purchase Agreement in Feed-in-Tariff (FiT) basis between SBM and Electricity Generating Authority of Thailand (“EGAT”) (the “FiT PPA”) on or before the Completion Date, the consideration for the