power and steam for use in the Clean Fuel Project (CFP) of Thai Oil, by using petroleum pitch as a fuel. During the construction period, GPSC will make an initial payment equals to 20% of the Initial
power and steam for use in the Clean Fuel Project (CFP) of Thai Oil, by using petroleum pitch as a fuel. During the construction period, GPSC will make an initial payment equals to 20% of the Initial
million due to corresponding to EGAT’s dispatched instruction resulting in higher fuel consumption. • Small Power Producer (SPP): The gross profit increased by Baht 2,115 million as a result of the first
, increased by Baht 98 million or 1% from Q2/2018. The increase was mainly from the slight gain of revenue from Energy Payment (EP) of Sriracha Power Plant according to more dispatched volume to EGAT. In
matters including inability to obtain certification from the company’s management regarding responsibility for the financial statement preparation, inability to audit operating system manual in petroleum
follows: • Cost of sales of goods and rendering services of IPP (Sriracha Power Plant) rose from the higher natural gas consumption corresponding to EGAT’s dispatched instruction. • Cost of sales of goods
reasons: • The gross profit from GLOW’s SPP plants increased by Baht 15 million from Q2/2019 mainly due to the increased in electricity sales corresponding to EGAT’s dispatched instruction despite the
in Energy Payment (EP) of Sriracha Power Plant according to the increase in dispatched volume to EGAT, together with the increase in electricity sales of Rayong Central Utility Plants compared to Q1
jointly invest with Seacrest Capital Group (“Seacrest”) in the petroleum fields Draugen Field and Gjøa Field from A/S Norske Shell (“Shell”) through the investment by means of subscribing new shares of OKEA
dispatched to EGAT. Therefore in Q1/2018, the company has managed to realize the full profit from the operation of IRPC-CP Phase 1 and Phase 2. In addition, GPSC remains strong in improving the profitability