shutdown approximately 10 days. There was a fell in Energy Payment (EP) following the lower dispatch volume as EGAT instruction. • Revenue of the company’s Small Power Producers (SPP) decreased by Baht 251

2-3, GLOW Energy CFP3 and GLOW SPP11 Phase 1-3. Gross Profit Operating Results Gross profit of Small Power Producer (SPP) increased mainly from the following reasons: • The first full quarter

not been acquired in 2018. However, Availability Payment and Energy Payment from Sriracha Power Plant has fallen. • Revenue of the company’s Small Power Producers (SPP) increased by Baht 20,770 million

% construction progress) 4. GLOW SPP Replacement Project According to the Energy Regulatory Commission (ERC) announced the purchase of electricity from Small Power Producers (SPP) for firm under the category of

capital. PPTC Company Limited ("PPTC") is a Small Power Producer of Cogeneration Power Plant with a approximate maximum capacity of 120 MW and approximate maximum steam production capacity of 30 tons per

) and Energy Payment (EP) as a result of having no major overhaul in Q1/2019. • Revenue of the company’s Small Power Producers (SPP) increased due to the increase in average electricity selling price, the

+ Financial Lease (IPP) Electricity (SPP+VSPP) Steam QoQ -1% YoY -9% Industrial & chilled water, nitrogen and others Cost of Sales (THB million, %) QoQ -4% YoY -11% Executive Summary Small Power Producer (SPP

(NL1PC) 40% 17 14 21 24% 55% 48 51 5% Very Small Power Plant (VSPP) Thai Solar Renewable Company Limited (TSR) 40% 70 89 83 18% (7%) 246 260 6% Eastern Seaboard Clean Energy Company Limited (ESCE) 33% (2

and continuous raining as well as the increase of Independent Power Supply (IPS) and Small Power Producer (SPP) outside the EGAT system. In the meantime, electricity consumption of the country in EGAT

to continuous increase in Equity MW from Small Power Producer (SPP) capacity expansion serving increase in demand of Industrial customers of approximately 5%. The main distributions were from GNLL