Seven Utilities and Power Public Co.,Ltd. 73 Mahachol Building, Soi Sukhumvit 62, Sukhumvit Rd., Phrakhanong Tai, Phrakhanong BKK.10260 บมจ. เซเว่น ยูทลิิตีส์้ แอนด์ พาวเวอร์ 73 อาคารมหาชล ซอยสขุมุ

acquisition in PetroWind Energy that operates Wind Power Plants in the Philippines, realizing an increase in share of profit. 8. Tax expense was credited due to the company receiving income tax refund from 2007

in Energy Payment (EP) of Sriracha Power Plant according to the increase in dispatched volume to EGAT, together with the increase in electricity sales of Rayong Central Utility Plants compared to Q1

Municipal Solid Waste Power Plants 111.7 127.9 127.8 (0.1%) 14.4% 355.5 369.7 4.0% Sales of electricity - Base tariff and Ft 4.7 5.2 5.1 (1.9%) 8.5% 13.1 15.6 19.1% Sales from Solar Energy Power Plants 4.7

and in budget for 26 consecutive projects during the last 7 years. Investment in the industrial waste to energy power plant project In January 2018, B.Grimm Power announced the investment in the

Bangchak Corporation Plc. Management Discussion & Analysis of Business Operation For Quarter 1/2020 11 - Refinery & Trading 16 - Marketing 19 - Power Plant 21 - Bio-based Products 23 - Natural

4,243 million, decreased by Baht 1,216 million or 22% from Q2/2017, resulted mainly from the reserved shutdown at Sriracha Power Plant causing the drop in revenue from Energy Payment (EP). Meanwhile, IRPC

Joint Ventures. By Category of Power Plant 2Q2016 2Q2017 Increase /(Decrease) Baht million Baht million Baht million % IPP 205.1 563.1 358.0 174.6 SPP 20.1 99.6 79.5 395.0 Alternative Energy 0.4 2.2 1.8

of electricity - Base tariff and Ft 3.4 2.8 0.6 21.4 Sales from Solar Energy Power Plants 3.4 2.8 0.6 21.4 Total sales and service income 1,314.1 1,216.6 97.5 8.0 Sales and service income (included

Bangchak Corporation Plc. I 2 03 Table of Contents 06 08 20 22 24 26 Executive Statement Summary of Income Business Performance 08 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products