Q1’2018, primarily due to high efficiency of our new power plants became commercial operation in recent years. Normalized net profit (NNP) NNP increased 22.4% y-on-y from Baht 678 million in Q1’2017 to
plant Baht 3.73 million from SAFE Energy Holdings Company Limited and loss 2 Baht 4.26 million from the solar power plant that still has not been starting the commercial operation from Green Earth Power
plant Baht 2.99 million from SAFE Energy Holdings Company Limited and loss Baht 2.16 million from the solar power plant that is going to start the commercial operation from Green Earth Power (Thailand
million respectively were described as followed: 1. SAFE Energy Holdings Company Limited (“SAFE”) is the joint venture that the Company holds 33.37%. Currently, the project has commenced the operation of
projects for the relocation of existing power plants, through 6 subsidiaries of B.Grimm Power as follows: (1) B.Grimm Power (Ratchaburi) 1 Limited (“BGPR1”) for the operation of 1 SPP project; (2) B.Grimm
Restart Service of Kemerton Power Station On October 23, 2018, the Diesel Generator Installation Project of the System Restart Service (Black Start) of Kemerton Power Station (under the Operation of RATCH
percent of stake with expected Commercial Operation Date in 2022. This increased total equity contracted capacity by 161 megawatts. Klongluang Utilities power plant and Banpong power plant, which EGCO
time, still receiving the Availability Payment revenue as the company still has the ability to generate electricity to EGAT as contracted. Thus when comparing Sriracha Power Plant operation in 2017 with
million or 1% from Q3/2017, as a result of the Commercial Operation Date (COD) of IRPC-CP Phase 2 and Ichinoseki Solar Power 1 GK (ISP1) in Q4/2017 even though the selling and administrative expenses
Asset Sale and Purchase Agreement, the Fuel and Utilities Supply Agreement, the Power Purchase Agreement, the Operation and Maintenance Services Agreement, and the Land Sub-Lease Agreement (collectively