due to the efficient cost management in the production of electricity and steam from the Cogeneration power plants. Throughout Q1/2018, the Sriracha Power Plant, which is a Independent Power Producer

megawatts, 15,130 megawatts or 30.7 percent of which were generated by EGAT power plants, and the remaining from other producers as follows; • Independent Power Producers (IPPs) 14,948 megawatts or 30.3

33.2 14.7 (55.7%) (60.7%) 81.1 47.9 (40.9%) Sales of electricity to Industrial Users (IU) 4.7 6.9 6.0 (13.0%) 27.7% 9.4 12.9 37.2% Sales from Biomass Power Plants 677.4 767.1 791.6 3.2% 16.9% 1,348.9

% Sales from Biomass Power Plants 847.2 875.1 814.4 (6.9%) (3.9%) 1,680.3 1,689.5 0.5% Revenue from finance lease under a Power Purchase Agreement 95.3 102.4 104.5 2.1% 9.7% 197.6 206.9 4.7% Revenue from

bottling plants owned by their families or under their control rent gas tanks from PICNI and made false entries in the accounting document with an intention to deceive others. They also recorded false

was a result of recognizing gross profit from 3 of GLOW’s IPP plants for the full quarter which increased by Baht 766 million (Q1/2019 GLOW gross profit was recognized for 18 days). • The gross profit

under the Tender Offeror’s operation: natural gas-fired power plants which are both in commercial operation and under construction, as detailed below: • One combined cycle power plant, which is currently

8.2% Sales from Biomass Power Plants 797.8 814.4 915.8 12.5% 14.8% 2,478.1 2,605.3 5.1% Revenue from finance lease under a Power Purchase 109.4 104.5 105.2 0.7% (3.8%) 307.0 312.1 1.7% Revenue from

, mainly derived from sales of biomass power plants which increased by Baht 100.3 million as the biomass power plants had shutdown hours to improve the power plants machinery’s efficiency in the third

) successfully started commercial operation in October 2018. Therefore, total installed capacity of 3 SPP power plants which started commercial operation in 2018 is 399 MW which sell electricity to EGAT at 270 MW