operations of projects in 2019 which are Rayong Central Utility Plant 4 (CUP-4), Namlik 1 Power Company Limited (NL1PC) and Xayaburi Power Company Limited (XPCL), notwithstanding the recognition of expenses
%) Executive Summary PAGE 2 MANAGEMENT DISCUSSION & ANALYSIS (MD&A) Q3 2019 Operating performance by plant in Q3/2019 The company’s gross profit was at Baht 5,467 million in Q3/2019 which decreased by 535
Q4/2019 or 38%. This increase contributed mainly from the increase in Availability Payment (AP) from Sriracha Power Plant corresponding to the depreciation of Thai Baht against US Dollar, while the
as overall power plant performances 3. Digitalization – to predict the machine’s degradation more accurate. Consequently, each plant will have more capacity available for sales by minimized spinning
be complet ed based on the remaining period of the contract that appeared in intangible assets by using straight-line method with estimated useful life of 5 to 31 years. Meanwhile, goodwill will not be
LNG as fuel, including import and distribution of LNG to fuel the power plants in Vietnam. EGAT’s floating solar power plant B.Grimm Power - Energy China Consortium was awarded as EPC contractor for
July 2018 with a gain from business combination of Baht 276 million which should be amortised by Baht 12 million per annum along the PPA life. BGRIM started to consolidate BGYSP’s financial statement in
and new customers. We have always been monitoring and analyzing IU volumes closely. Proactive cost saving plans were implemented with potential expense savings of THB 34 million by extending useful life
estimated depreciation life of SAAM-SP1 power plant from 20 years to 25 year since 2017 onward, to be in line with the useful life of assets. For the year 2016 and 2017, the Group Company presented gross
operation date : 18 August 2015 Concession life : 20 years 2) Shima Solar Power Plant Location : Oyabe City, Toyama Prefecture, Japan Contracted capacity : 1.25 MW Installed capacity : 1.43 MW Feed-in Tariff