including the procurement of project land site and rendering of related services to the group customer, with 17 operating solar power projects in Thailand, and (2) revenue from the sale of electricity from
-year power purchase agreement with the Republic of Indonesia’s electricity authority, PT PLN (PERSERO). The Project is expected to commence commercial operation in 2021. Management Discussion and
to store excess electricity to be used during peak demands in order to help optimize and stabilize power system at the Science & Innovation Centre of GC, Rayong and “Smart city” pilot project for
Page 2 Management Discussion and Analysis 1. Power Industry and Competition 1.1 Electricity industry and Economic situation in Thailand Thailand’s economy expanded by 2.4 percent in 2019, lower than 2018
gas-fired combined cycle cogeneration power that commenced COD on February 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
consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A
363.4 413.9 (50.5) (12.2) Sales of electricity to Industrial Users (IU) 1.6 2.3 (0.7) (30.4) Sales of steam (IU) 4.9 4.1 0.8 19.5 Total sales from Natural Gas Power Plant 470.8 522.6 (51.8) (9.9) Sales of
electricity in Bang Pakong Power Plant, Chachoengsao Province. Until the end of 4th quarter of 2019 (November), palm fruit and CPO prices began to increase due to most of the arable land faces drought
information for any purpose. For further detail, please contact Investor Relations Section of the Electricity Generating Public Company Limited at Tel: 662-998-5150-2 or Email: ir@egco.com mailto:ir@egco.com