revenue from chilled water of Combine Heat and Power Producing Company Limited (CHPP). The Proportion of Gross Profit in Q2/2019 Small Power Producer (SPP) Baht 3,616 million (60%) Independent Power

/2018YoYQoQ The Proportion of Gross Profit in Q3/2019 Small Power Producer (SPP) Baht 3,658 million (60%) Independent Power Producer (IPP) Baht 1,713 million (38%) Very Small Power Producer (VSPP) and others

Profit in Q4/2019 Small Power Producer (SPP) Baht 3,468 million (74%) Independent Power Producer (IPP) Baht 1,141 million (24%) Very Small Power Producer (VSPP) and others Baht 73 million (2%) 4,682

selling price of steam corresponding to the fall in natural gas price. • Revenue of Very Small Power Producers (VSPP) decreased by Baht 13 million mainly due to the revenue of Combine Heat and Power

investors. The proceeds will be used to support financing of Rayong Waste to Energy (WTE) project and solar power plant projects as parts of GPSC’s plan to scale up our renewable businesses. GPSC’s senior

of the country and a gateway of GPSC to scale up its energy management business with universities. In addition, in Q3/2020, GPSC, together with PTT Group, jointly unveiled the pilot project for a 100

reporting period in case of changes to the securities or derivatives holding by extending reporting periods for small-scale transactions with permission to incorporate small-scale transactions into one report

). However, despite the ongoing upward trend, the issuances of these bonds were disproportionately small compared to the overall bond market. In addition, most issuers were large-scale companies in specific

plant, water supply, airport, seaport, telecommunications and renewable energy, with no less than 1 billion baht investment value for each project or no less than 500 million baht for a small-scale

composites, such as wadding, insulation, filtration, automotive acoustic insulation material and other products where heat is used to bond the fibers. The HIAM plant is expected to start operations in 2019