current green bond market). NEAR ZERO Activities already at or near net-zero emissions that may require some further decarbonisation but not a significant transition - e.g. wind power generation. PATHWAY TO
-fired power plants and natural gas power plants play a significant role as baseload generation. Demand growth in Indonesia is estimated to increase 8.46 percent annually. In order to cope with future
issues. The Meeting of the Board of Directors No. 2/2018 of the Company resolved significant matters regarding the operation of the biogas power plant project of Akkrawat in the same manner may result in
important issues. The Meeting of the Board of Directors No. 2/ 2018 of the Company resolved significant matters regarding the operation of the biogas power plant project of Akkrawat in the same manner may
percent from previous year. Indonesia’s installed capacity is approximately 63,000 megawatts. Coal-fired and natural gas power plants play a significant role as base load generation. Demand growth is
associate and in fixed assets of the power plants. The details of significant changes are as follows: • Current assets decreased by Baht 892 million or 8% mainly from - Cash and cash equivalents and short
maintenance of such power plants. Significant Events in Q4/2018 4 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018 • GPSC received two Excellence Awards from CFO
maintenance of such power plants. Significant Events in Q4/2018 4 Management Discussion & Analysis Management Discussion & Analysis (MD&A) Q4/2018 and FY2018 • GPSC received two Excellence Awards from CFO
................................................................................... 40 ii 4.1.3. Hydropower generation ..................................................................................... 40 4.1.4. Geothermal power generation
million or 74.48%. The major causes of significant change are as follows: Unit : Million Baht Operating results of the Company For the Year ended December 31, 2017 2016 Changes % Revenues : Revenues from