Microsoft Word - SET-AIS-CP 007-2020 Acquisition of spectrum license.docx (Translation) AIS-CP 007/2020 19 February 2020 Subject: Acquisition of spectrum license To: President The Stock Exchange of
Natural gas (IPP) Natural gas (SPP+VSPP) Maintenance costs Others 59% 60% 63% 10% 9% 4% 18% 18% 18% 4% 4% 4% 9% 10% 10% 14,062 12,943 12,488 Q2/19 Q1/20 Q2/20 Coal GPSC - Q2/2020 Management Discussion and
volume of IRPC-CP has increased, and the increase in Ft rate which in line with rising trend of natural gas and oil prices. The Energy Regulatory Commission (ERC) increased Ft rate for January- April 2019
the lower natural gas price. However, gross profit of IRPC Clean Power plants (IRPC-CP) slightly decreased by Baht 8 million, however, gross profit of GLOW's SPP plants increased by Baht 15 million due
full quarter of recognizing gross profit from GLOW’s SPP plants of Baht 2,389 million. As for the company’s SPP plants, gross profit decreased by Baht 274 million due to the 10% growth of cost of natural
with the decrease in steam selling price corresponding to the lower natural gas price. In addition, the electricity sales volume from IRPC-CP has also fallen as major customers had a planned maintenance
, the g ross profit from IRPC Clean Power Plant (IRPC-CP) has decreased by Baht 59 million due to the increase in natural gas cost in accordance with the usage volume and the increase in the price of
operations include (i) natural gas price and coal price that continued to drop further from previous quarter resulting in lower costs of sales and increasing industrial customers sales margin in spite of the
usage of natural gas from the COD of both phases of IRPC-CP on 15 November 2017. The cost of natural gas for the year for GPSC is Baht 12,941 million decreasing by Baht 875 million or 6% compared to 2016
addition, the increase was also from higher electricity revenue from IRPC-CP plant, which is the result of higher natural gas prices. The operating revenue of Q3/2018 significantly increased by Baht 2,418