facilities, most of which also operate as Small Power Producers (SPP) under Thailand’s SPP program. Glow’s core business is to produce and supply electricity to the Electricity Generating Authority of Thailand
electricity to the Electricity Generating Authority of Thailand (EGAT), and to produce and supply electricity, steam, processed water and chilled water to industrial customers in the Map Ta Phut Industrial
Power Plant: Although the revenue in Q2/2017 decreased by 11% due to the decline of Energy Payment (EP) from the decrease in submitted electricity volume to Electricity Generating Authority of Thailand
of IRPC Clean Power Phase 2 (IRPC-CP Phase 2) in November 2017, in which GPSC holds 51% equity, has expanded the electricity generating capacity allowing the company to increase the volume of
solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the increase in maintenance cost leading to a fall in gross profit. The gross profit of the
, increased by Baht 200 million or 28% from Q4/2017. The increase is mainly due to the rise in sales of electricity to Electricity Generating Authority of Thailand (EGAT) as the COD of both phases of IRPC Clean
from Ichinoseki Solar Power 1 GK (ISP1) and the decrease in revenue of solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) following the existing projects. The
due to the decreased in revenue from solar cell implementation service from Combine Heat and Power Producing Company Limited (CHPP) as well as the decrease in revenue from chilled water following the
Construction contract service (EPC) income of Combine Heat and Power Producing Company Limited (CHPP) as well as the increase in selling electricity of Ichinoseki Solar Power 1 (ISP1). However, the cost of sales