Combined Heat and Power Producing Co., Ltd. (CHPP)
Shareholder’s Equity
100%
Combined Heat and Power Producing Co., Ltd. (CHPP)
Address
555/2 Energy Complex Building B, 5th Floor, Vibhavadi - Rangsit Road, Kwaeng Chatuchak, Khet Chatuchak, Bangkok 10900.
Tel.
+66 2143 9644

Business Operation

Generating and supplying electricity and cooling power from Combined Heat and Power with district Cooling Power Plant

CHPP is a very small power producer (VSPP). It distributes power to MEA by entering into a 5-year non-firm power purchase agreement on 23 April 2009, subjecting to be automatically renewed every 5 years unless the agreement is terminated. The surplus generated power is used in the production of conditioned air, which is distributed to Bangkok Government Complex. The company has entered into a conditioned air sale and purchase agreement with DAD. The term of the agreement is 30 years and will be ending in 2038.

Shareholder’s Equity
(Direct and Indirect)
100%
Global Renewable Power Company Limited (GRP)
Address
555/2 Energy Complex Center Building B, Vibhavadi Rangsit Road, Chatuchak, Bangkok 1090
Tel.
+66 2143 9644

Business Operation

Own and operate 9 solar farms with the total capacity of 39.5 MW

All power plants can generate and supply electricity to the power grid distribution system for Provincial Electricity Authority (PEA), regarding the Power Purchase Agreement (PPA) for a period of 25 years, with two agreed rates of Adder rate of BHT 8 per unit (for the first 10-year of the PPA) for total 3.6 MW and a Feed-in Tariff rate of BHT 5.66 per unit for total 35.9 MW.

Shareholder’s Equity
(Direct and Indirect)
100%
Energy Recovery Unit Company Limited (ERU)
Address
555/2 Energy Complex Building B, 5th Floor, Vibhvadi - Rangsit Road, Kwaeng Chatuchak, Khet Chatuchak, Bangkok 10900
Tel.
0-2140-4600

Business Operation

Energy Recovery Unit Company Limited, a subsidiary that GPSC holds 100 percent of shares, has been established with objectives for investment through the acquisition of 757 million USD assets and acceptance of transfer of ownership in the Energy Recovery Unit (ERU) which is a part of the Clean Fuel Project (CFP) of Thai Oil Public Co., Ltd. Production capacity of electricity and steam of ERU is approximately 250 MW and 175 tons per hour, respectively.

Petroleum pitch, which is a by-product of the refinery process of the CFP that cannot be reused in the production process nor can improve quality of the refinery, will be used as raw material of ERU because it has suitable thermal energy property. It is expected that approximately 1,200 tons per day of petroleum pitch will be used as main fuel for production of electricity and steam to be delivered back for use in the production process of the CFP.

Shareholder’s Equity
99.83%
Glow Energy Public Company Limited (GLOW)
Address
1 Empire Tower, 38th Floor-Park Wing, South Sathorn Road, Yannawa, Sathorn, Bangkok 10120
Tel.
66 (0) 2670-1500-33
Fax.
66 (0) 2670-1548-9
Plant Location
5, I-4 Road, Map Ta Phut Industrial Estate, Map Ta Phut, Muang District, Rayong 21150
Tel.
66 (0) 3868-4078-80
Fax.
66 (0) 3868-4061

Business Operation

Generate and supply of electricity, steam and processed water to industrial customers and electricity to Electricity Generating Authority of Thailand

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Shareholder’s Equity
99%
Ichinoseki Solar Power 1 GK (ISP1)
Address
Oak Minami-Azabu Building 2F, 3-19-23 Minami-Azabu, Minato-ku, Tokyo, Japan 106-0047
Tel.
+81 3 4580 2700

Business Operation

Generating and supplying power from solar power plant

ISP 1 is the solar power producer of electricity distributing electricity to Tohoku Electric Power which is a Japanese Utility Company. The rate of FIT is 40 yen per unit with the agreement term of 20 years and the commercial operation date (COD) is in 4th Quarter 2017.

Shareholder’s Equity
90%
(Shareholding throught NSC)
Sheng Yang Energy Co., Ltd
Address
1st Floor, No. 160, Sec. 1, Fuxing S. Road, Da’an District, Taipei City 106, Taiwan

Business Operation

Generating and Supplying power from solar power plants in Taiwan Sheng Yang Energy Co., Ltd. (SYE) is engaged in the business of developing and operating solar power plants in Taiwan and its offshore islands. SYE has operates a total of 252 sites - 93 percent is rooftop while the remaining 7 percent is ground-mounted. It has a total capacity of 55.8 MWp, all the generated electricity is sold to Taiwan Power Company, the state-owned electric power company in Taiwan, under PPA of 20 years, which may be extended for another 5 years for some sites.

Shareholder’s Equity
51%
IRPC Clean Power Co., Ltd. (IRPC-CP)
Address
299 Moo 5, Chuengnern, Sub-district, Muang Rayong District, Rayong 21000
Tel.
+66 3861 1333 , +66 3861 3571-80

Business Operation

Generating and supplying power and steam from Cogeneration Power Plant

IRPC-CP is a small power producer (SPP). It sells electricity under two power purchase for small power producer agreements in a firm arrangement in the amount of 90 megawatts per agreement, totaling 180 megawatts, to EGAT in accordance with a power purchase agreement which has 25 years term of contract starting from generating electricity into EGAT’s system, and distributes remaining electricity as well as steam to IRPC. SCOD is indicated in June 2017

Shareholder’s Equity
41.6%
(Shareholding throught NSC)
Avaada Energy Private Limited
Address
Unit No 406, 4th Floor, Hubtown Solaris, N S Phadke Road, Near Gokhle Flyover, Andheri East, Mumbai, Maharashtra, India, 400069

Business Operation

Generating and supplying power from renewable energy. Avaada Energy Private Limited is one of India's leading renewable energy company, with operational capacity exceeding 1.5 GW and under execution capacity of 3 GW. Avaada is managed by a very experienced team with excellent track record of developing renewable energy business in India. Meeting infrastructural and quality standards, Avaada targets an extensive portfolio of 11 GW of renewable energy projects across by 2025.

Shareholder’s Equity
40%
Thai Solar Renewable Company Limited
Address
Maleenont Building, floor 16, Rama 4 Road, Kwaeng Klongton, Khet Klongtoey, Bangkok 10110
Tel.
+66 2661 2701

Business Operation

Investing in power business

TSR operates investing business by investing 100 percentages in SSE1 in order to develop solar energy power plant. SSE1 is a very small power producer (VSPP) which uses electricity production from solar energy procedure by photovoltaic system or solar cell that locates on the ground (PV Power Plant, Solar Farm Type). It sells all electricity to PEA’s system.

Shareholder’s Equity
40%
Nam Lik 1 Power Company Limited (NL1PC)
Address
402B of 4th Floor, Vieng Vang Tower, Boulichan Road, Unit 15, Dongpalan Thong Village, Sisttanak, Vientiane Capital, Lao PDR 100 , 23 Singha Road, Ban Nongbone, Saysettha District, Vientiane, Lao PDR
Tel.
-

Business Operation

Generating and supplying power from Hydro-electric Power Plant

NL1PC is a company registered and established in LAO PDR with an objective to develop Nam Lik 1 Power Plant project. NL1PC signed a concession agreement with the Government of Lao PDR on 6 February 2013 in the form of Build-Own-Operate and Transfer (BOT) to Lao PDR with the duration of 30 years. The duration time will start from the date that the Government of Lao PDR completely complies with precedent terms and regulations in the concession agreement. There is also a Power Purchase Agreement with EDL that shall be valid until the end of the Concession period which is approximately 27 years

Shareholder’s Equity
30%
Nava Nakorn Elecricity Generating Company Limited (NNEG)
Address
111 Moo 20 Paholyothin Road, Klong 1, Klong Luang, Pathumthani 12120
Tel.
+66 2978 5283 , +66 2978 5291

Business Operation

Generating and supplying power and steam from Cogeneration Power Plant

NNEG is a small power producer (SPP). It sells electricity under a power purchase for small power producer agreement in a firm arrangement in the amount of 90 megawatts to EGAT with 25 years term of contract starting from generating electricity into EGAT’s system, and distributes remaining electricity as well as steam to industrial users in Nava Nakorn Industrial Promotion Zone. The project is expected to begin its commercial operation on 1 June 2016.

Shareholder’s Equity
26.3%
24M Technologies, Inc.
Address
130 Brookline Street, Cambridge, MA, USA 02139
Tel.
(001) 617-553-1012

Business Operation

Researching and developing the manufacturing of Lithium-Ion battery

24M Technologies, Inc., is a company registered in the United States of America and has been operating the business since 2010. Its main business objectives include the research and development of Lithium-Ion battery production, which can be applied as backup power storage for industrial sector and strengthening reliability of power distribution system and networking system such as backup electricity for production process of industrial factories to maintain production consistency in case current distribution is interrupted or even ceased. It can be used for the storing of solar power, allowing the power to be normalizingly distributed during the when the sunlight is no longer available. Using less resources and production time, 24M’s batteries are far superior to other lithium ion batteries available in the market for their efficient performance and safety. The product’s Lab Scale and Pilot Plant is highly satisfactory.

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Shareholder’s Equity
25%
Bangpa-in Cogeneration Company Limited
Address
587 Suthisarnvinichai Road, Kwaeng Dindang, Khet Dindang, Bangkok 10400
Tel.
+66 2691 9720

Business Operation

Generating and supplying power and steam from Cogeneration Power Plant

BIC Project 1 is a small power producer (SPP). It sells electricity in a firm arrangement in the amount of 90 megawatts to EGAT starting from COD in 2013 with 25 years term of contract. The surplus generated power and steam will be distributed to industrial customers in Bangpa-In Industrial Estate

BIC Project 2 is a small power producer (SPP). It will be located in the same area with Project 1. It has also entered into a 25-year power purchase agreement with EGAT and the contracted capacity of 90 megawatts. The surplus generated power and steam will be distributed to industrial customers in Bangpa-In Industrial Estate. SCOD indicated in this agreement is 1 June 2017.

Shareholder’s Equity
25%
Business Service Alliance Co., Ltd. (BSA)
Address
PTT Prakanong office and Oil Terminal, 555 Artnarong Road, Klongtoey, Bangkok 10110
Tel.
+66 2239 7328

Business Operation

Managing human resources, Outsourcing of PTT Group

BSA is one of PTT’s affiliates. It operates extensive outsourcing management for PTT group. The business group which BSA provided outsourcing can be categorized as follows:

  1. Provide workforce for the operation of PTT’s oil stations and provide the required knowledge and practices for effective performance according to ISO 9001, ISO 14001, TIPS 18001 standards and PTT Group safety, health and environment compliances.
  2. Provide workforce for the operation of PTT’s Café Amazon branches, and offer training session for shop administration before the beginning of actual practices. Provide all the necessary materials, equipment and experts required for the operation of the business of the café.
  3. Provide proficient personnel with the requirements stipulated by 7-Eleven to work in 7-Eleven stores locating in PTT gas stations. The personnel must attend the training and learn about store administration including the creation of purchase order of goods that are sold at the stores according to type, quantity and quality stipulated by 7-Eleven.
  4. Provide personnel to service contract position at PTT Head Office, Phra Kanong Head Office and Rayong Office.

Moreover, BSA invests in 100% shares of Sports Services Alliance Company Limited (SSA), which operates in football administration business of PTT Group.

Shareholder’s Equity
25%
(Shareholding throught NSC)
CI Changfang Limited and CI Xidao Limited
Address
26th Floor, No. 68, Sec. 5, Zhongxiao East Rd., Xinyi District, Taipei 11065, the Republic of China

Business Operation

Generating and Supply Power from Offshore Wind Farm Changfang and Xidao (CFXD) Offshore Wind Farm is located in Changhua Coast, Taiwan with the capacity of 595 Megawatts and 20 years Power Purchase Agreement (PPA) with Taiwan Power Company. The Commercial Operation Date for the project is expected to be in the first quarter of 2024.

Shareholder’s Equity
25%
(Shareholding throught NSC)
Xayaburi Power Co., Ltd. (XPCL)
Address
215 Lanexang Avenue, Ban Siang Yuen, Chantaburi District, Vientiane, Lao PDR
Tel.
+856 (21) 223215 , 252060

Business Operation

Generating and supplying power from Hydroelectric Power plant

XPCL is a company registered and established in LAO PDR with an objective to develop Xayaburi Hydro Power Plant Project. XPCL signed the Concession Agreement with the Government of Lao PDR on 29 October 2010 in the form of Build-Own-Operate and Transfer Agreement (BOOT). The Concession Agreement shall be valid until the end of Power Purchase Agreement which has 29-year term

Shareholder’s Equity
15%
Ratchaburi Power Company Limited (RPCL)
Address
1828 Sukhumvit road, Bangchak, Prakanong, Bangkok 10260
Tel.
+66 2311 5111-9

Business Operation

Generating and supplying power from Combine Cycle Power Plant

RPCL is an independent power producer (IPP). It sells total electricity generated to EGAT under a power purchase agreement with 25 years term of contract starting from the date dispatching electricity into EGAT’s system, since 1 March 2008 for Production Unit 1 and 1 June 2008 for Production Unit 2. The agreement will expire in 2033. The production and sale of electricity is in accordance with EGAT’s conditions and operating orders.

Shareholder’s Equity
11%
(Shareholding throught NSC)
Anhui Axxiva New Energy Technologies Co., Ltd.
Address
Wanchun Intelligent Electronic Industrial Park, Wuhu Economic and Technology Development Zone, Wuhu City, Anhui Province, China

Business Operation

Battery Manufacturing

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