. The revenue dropped because Jira-Khon Kaen Double-Track Railway Project and Xayaburi Hydropower Project were complete in 2019 and several projects are wrapping up, namely the Project Management, Supply

power plant. Moreover, The Philippines set target renewable energy generation of 15,000 megawatts and 20,000 megawatts by 2030 and 2040 respectively, which emphasis on power generation from hydropower

. Lao PDR’s installed capacity is approximately 8,800 megawatts. Because of its abundant water resource and mountainous geography, the electricity generation is mainly from hydropower plants. With an aim

electricity sales by the Hydropower Plant in LAOS PDR and the Solar Power Plant projects in Japan. The projects in Laos PDR resulted from a transition of weather from El Nino to Neutral and the gradually

Hydropower IPP 12.75 152.0 19.4 Total 1,525.0 286.1 b. Transferred on June 29, 2016, the Investment in Gunkul Group Power plant Type of power Category of Plant Equity Holding (%) Contracted Capacity (MW

Capacity (MW) GHECO-One Coal-fired IPP 35.00 660.0 231.0 Glow IPP Gas-fired Cogeneration IPP 5.00 713.0 35.7 Houay Ho Power Hydropower IPP 12.75 152.0 19.4 Total 1,525.0 286.1 b. Transferred on 29 June 2016

allowance for asset impairment amounting to Baht 31 million for Combined Heat and Power Producing Company Limited (CHPP) to be disposed. When comparing to Q1/2017, non-operating income and expenses decreased

% 43 60 38% Gross profit margin 45% 55% 54% (1%) 9% 45% 54% 9% 1H/2017Q2/2017 Change +/(-) 1H/2016Q1/2017Q2/2016 2.4 Combine Heat and Power Producing Company Limited (CHPP) : VSPP Unit: THB million 12

during Q1/2017 and there was the shutdown for commissioning in Q3/2017. 17 Management Discussion & Analysis (MD&A) Q3/2017 Management Discussion & Analysis Combine Heat and Power Producing Company Limited

250 237 (5%) (4%) 255 247 (3%) Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2017 and FY2017 ผลประกอบ การบริษัท Gross profit of the Combined Heat and Power Producing