will have a capability that is different from other power producers. 10.5) It will increase its capability and potential of its knowledge and personnel in operating power plants that use petroleum pitch
– Non-operating income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis Q1’19 Q4’19 Q1’20 change change Btmn Btmn Btmn y-on-y q-on-q Electricity sales Sales to EGAT
Agreement with Electricity Generating Authority of Thailand for 90 megawatts. The remaining electricity and steam are sold to industrial customers. The power plant has already been commercially operating
million or 21% from 1H/2018 mainly due to recognition of GLOW’s performance following the acquisition of GLOW. Executive Summary Q2/2019 Operating Highlights On the 14th March 2019, Global Power Synergy
Cooperatief U.A. having 40 percent stake in the PetroWind Energy Inc. which is operating wind power plants in the Philippines (wind power plant of 36 MW in operation, and 14 MW in development). As such, power
the successful pilot project, ABP3, completed in January which enhanced the performance of gas turbine [to lower the heat rate of the power plant, shorten the maintenance period (or add operating days
) ** Normalized net profit = Net profit – Unrealized gain / (loss) from FX – Non-operating income / (expense) B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis 2018 2019 change Q4’18 Q3’19
collectively have the power to govern its financial and operating policies so as to obtain benefits from its activities. 8 2. The nature and extent of any transactions or presently proposed transactions which
. In addition, there was the planned maintenance shutdown from Glow Energy Power Plants. With regards to the operating result in Q4/2019 compared to Q4/2018, the Company’s EBITDA increased by Baht 3,225
company increased by Baht 1,154 million or 118% from Q4/2018 and increased by Baht 646 million or 43% from Q1/2018. The increase was mainly due to improved operating results of the Sriracha Power Plant and