Business Operation of GLOW3 GLOW is one of the largest private electricity generators and providers of industrial utilities in Thailand by operating Independent Power Producers (IPP) and cogeneration
creditors, namely: 1. Notice demanding for payment of an electricity fee with late penalty according to the Electricity Power Purchase Agreement in the amount of THB 158,238,694.62 dated 9 October 2017. The
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
service under a Power Purchase Agreement 411.5 363.4 388.0 6.8% (5.7%) 825.3 751.4 (9.0%) Sales of electricity to Industrial Users (IU) 1.8 1.6 1.3 (18.8%) (27.8%) 4.1 2.9 (29.3%) Sales of steam (IU) 3.3
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
+ Financial Lease (IPP) Electricity (SPP+VSPP) Steam QoQ -1% YoY -9% Industrial & chilled water, nitrogen and others Cost of Sales (THB million, %) QoQ -4% YoY -11% Executive Summary Small Power Producer (SPP
million or 57% from Q3/2017. The electricity dispatched volume in Q3/2018 was higher because of the reserved shutdown according to EGAT’s instruction of Sriracha Power Plant in Q3/2017. Also, the increase