. According to the Power Purchase Agreement (“PPA”) with Electricity Generating Authority of Thailand (“EGAT”), which based on the principle that annual Availability Payment (“AP”) will not be lower in year of
155.6%, arising from increase in available payment from GHECO-One, according to the Power Purchase Agreement (“PPA”) which is based on the principle that annual Availability Payment (“AP”) will not lower
) has been applied to GHECO-One which resulted Gheco-One to levelize the AP over the contract period rather than the front-loaded AP received from EGAT according to PPA and to record the deferred revenue
Plants (CUP 1-3) and IRPC Clean Power (IRPC-CP) declined. Additionally, there was a decrease in revenue from Availability Payment (AP) of Sriracha Power Plant due to a lower Weight factor during the rainy
the principle that annual Availability Payment (“AP”) will not be lower in year of planned major maintenance, the Company expects higher Availability Payment (“AP”) during 2Q-4Q 2017 to fully compensate
Authority of Thailand (“EGAT”), which based on the principle that annual Availability Payment (“AP”) will not be lower in year of planned major maintenance, the Company expects higher Availability Payment
revenue from Availability Payment (AP) of Sriracha Power Plant declined from lower seasonal Weight factor. In addition, Sriracha Power Plant and IRPC-CP had maintenance shutdown in Q4/2018. Management
(TFRS 15) has been applied to GHECO-One which resulted Gheco-One to levelize the AP over the contract period rather than the front-loaded AP received from EGAT according to PPA and to record the deferred
: From 1 January 2019, the new Thai Financial Reporting Standard in relation to revenue recognition (TFRS 15) has been applied to GHECO-One which resulted Gheco-One to levelize the AP over the contract