started in May 2017, and the Power Plant is expected to commence commercial operation in May 2018. 1.3 Signing of Engineering, Procurement, and Construction Contract of Berkprai Cogeneration SPP Project On

year. Nam Che 1 Hydro Power Plant (Run of the river) with an installed capacity of 15 MW has 87.6% construction progress targeted to commence COD on December 1, 2018. ABBREVIATION & OUR PROJECTSFINANCIAL

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2017 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

approximately AUD 10 million. It is expected to commence commercial operation within December 2018. 1.1.3 Riau Combined-Cycle Power Plant Project in the Republic of Indonesia On April 7, 2017, RH International

Commonwealth of Australia. The project cost is approximately AUD 359 million. It started the construction in 2019 and is anticipated to commence operations in 2021. 1.3 The Progress of Riau Combined-Cycle Power

and target to commence COD and record revenue in December 2018. Nam Che 1 Hydro Power Plant (Run of the river) with an installed capacity of 15 MW have 92.6% construction progress. The COD schedule has

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result of Quarter 1 Year 2020 Ended March 31, 2020 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion

consumption) NNP = Normalized net profit O&M = Operations and maintenance P.A. = Per annum PEA = Provincial Electricity Authority (Thailand) PPA = Power purchase agreement PTT = PTT Public Company Limited SG&A

-year power purchase agreement with the Republic of Indonesia’s electricity authority, PT PLN (PERSERO). The Project is expected to commence commercial operation in 2021. Management Discussion and

PowerPoint Presentation Management’s Discussion and Analysis (MD&A) For the Financial Result for the Fiscal Year Ended December 31, 2018 B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion