Transactions; “brownfield project” means an infrastructure business that the construction for which has been completed and is already generating cash flow; “greenfield project” means an infrastructure project
development of wind power project and future renewable energy project in Korea. BGRIM awarded the certificate from GEIDCO As the first Thai member, Global Energy Interconnection Development and Cooperation
PHITSANULOK and NINYA KALLAPAPRUEK, located at BKK, were received a good feedback in terms of continuity of project transferred. The Company launched 2 new residential projects in 1Q20 as planned. The projects
portion is derived from valuing the Power Purchase Agreement (PPA) of Baht 37,594 million. The fair value recognition of net assets acquired from GLOW will be amortized yearly. The amortization of PPA will
benefits from the business expansion. In addition, the Company has continued our strategic projects, including the mixed-use project ‘Dusit Central Park’ as planned. Major Developments Hotel Business At the
investors. The proceeds will be used to support financing of Rayong Waste to Energy (WTE) project and solar power plant projects as parts of GPSC’s plan to scale up our renewable businesses. GPSC’s senior
expanding construction business group supporting the EEC project. In terms of economic stability, employment rate decreased following to the economic situation while the cost of production reduced, especially
from project investment in 2019 and dividend payment to the shareholder. EASTERN WATER RESOURCES DEVELOPMENT AND MANAGEMENT PUBLIC COMPANY LIMITED MANAGEMENT DISCUSSION AND ANALYSIS FOR THE YEAR 2019 6 7
Limited (Formerly name as ITR Water Solution Company Limited) currently operate as a service provider in accordance with the agreement of production and / or supply of good water (RO) to Patong Municipality