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
million) on behalf of OKEA in accordance with the Assignment of Participating Interest Agreements. Shell shall return the deposit or the Standby Letter of Credit to the Company upon the completion of the
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
, decreased by Baht 153 million or 15% from Q2/2018. The drop was due to the rise in natural gas prices while Fuel tariff (Ft) rate remained constant; therefore, the gross profits of Rayong Central Utility
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
plants of Baht 2,340 million. As for GPSC’s SPP plants, gross profit decreased by Baht 38 million due to the growth of cost of natural gas following the rise in both quantity required and average price. In
57.6 664.6 58.9 1,942.9 57.2 1,935.4 59.3 > Natural Gas Power Plant 2.3 0.2 1.2 0.1 6.4 0.2 3.2 0.1 > Solid Waste Power Plant 25.3 2.2 24.4 2.1 76.8 2.2 75.2 2.3 > Solar Energy Power Plant 1.8 0.2
4.9 4.4 (10.2%) 33.3% 7.5 9.3 24.0% Sales from Natural Gas Power Plant 519.8 470.8 496.5 5.5% (4.5%) 1,042.4 967.3 (7.2%) Sales of electricity - Base tariff and Ft 27.2 27.8 25.3 (9.0%) (7.0%) 51.5 53.1
margin decreased 5% from Q1/2018, because of the growth rate of natural gas price and the rise in finance cost from interest payment and short-term loan financing fee related to the acquisition of GLOW