Subsidiaries
GPSC Holding (Thailand) Company Limited (GHT)

GPSC Holding (Thailand) Company Limited (GHT)
Business Operation
Investment through shareholding in the power generating and steam businesses of Glow Energy Public Company Limited
Glow Energy Public Company Limited (GEN)

Glow Energy Public Company Limited (GEN)
Business Operation
Generating and supplying electricity, steam and industrial water to the industrial customers, and distributing electricity to EGAT
Visit websiteGlow SPP2 Company Limited (GSPP2)

Glow Energy Public Company Limited (GEN)
Business Operation
An SPP (cogeneration power plant) generating and distributing electricity to PEA and the remaining electricity and steam to industrial customers in Map Ta Phut Industrial Estates
Glow SPP3 Company Limited (GSPP3)

Glow SPP3 Company Limited (GSPP3)
Business Operation
An SPP (cogeneration power plant) generating and distributing electricity, steam, and industrial water to customers in Map Ta Phut Industrial Estate and nearby industrial estates
Glow SPP 11 Company Limited (GSPP11)

Glow SPP 11 Company Limited (GSPP11)
Business Operation
An SPP (cogeneration power plant) generating and distributing electricity to MEA and the remaining electricity and steam to industrial customers in industrial estates
Glow Company Limited (GCO)

Glow Company Limited (GCO)
Business Operation
To provide administration, consultancy, and advisory services for the management of related business
Glow IPP Company Limited (GIPP)

Glow IPP Company Limited (GIPP)
Business Operation
An IPP (combined-cycle power plant) generating and distributing electricity to EGAT
Houay Ho Thai Company Limited (HHTC)

Houay Ho Thai Company Limited (HHTC)
Business Operation
Investment through shareholding in hydropower projects
Houay Ho Power Company Limited (HHPC)

Houay Ho Power Company Limited (HHPC)
Business Operation
Hydro power producer, distributing to EGAT and Lao PDR’s state enterprise (EDL)
Glow Energy Myanmar Company Limited (GE Myanmar)

Glow Energy Myanmar Company Limited (GE Myanmar)
Business Operation
Provision of technical and consultancy services for the power sector
Glow IPP2 Holding Company Limited (GIPP2)

Glow IPP2 Holding Company Limited (GIPP2)
Business Operation
Investment through shareholding in power projects
GHECO-One Company Limited (GHECO-One)

GHECO-One Company Limited (GHECO-One)
Business Operation
A coal-based IPP power plant generating and distributing electricity to EGAT
Glow IPP3 Company Limited (GIPP3)

Glow IPP3 Company Limited (GIPP3)
Business Operation
Investment through shareholding in assorted power projects
Combined Heat and Power Producing Company Limited (CHPP)

Combined Heat and Power Producing Company Limited (CHPP)
Business Operation
A very small power producer firm (VSPP) operating a combined heat and power with a district cooling power plant to generate and supply electricity to MEA and chilled water to Bangkok Government Complex. It produces, distributes, and installs buoys and provides construction services as well as electrical systems for solar power.
Energy Recovery Unit Company Limited (ERU)

Energy Recovery Unit Company Limited (ERU)
Business Operation
Generating and supplying electricity and steam as feedstock for TOP’s CFP
GPSC Treasury Center Company Limited (GPSCTC)

GPSC Treasury Center Company Limited (GPSCTC)
Business Operation
To provide financial management services to the Group companies
IRPC Clean Power Company Limited (IRPC-CP)

IRPC Clean Power Company Limited (IRPC-CP)
Business Operation
A small power producer (SPP) operates a cogeneration plant to generate and supply electricity to EGAT. The surplus electricity and steam are distributed to industrial customers in IRPC Industrial Zone.
Global Renewable Synergy Company Limited (GRSC)

Global Renewable Synergy Company Limited (GRSC)
Type of business:
Investment through shareholding in renewables power projects
Global Renewable Synergy Taiwan Company Limited (GRSC TW)

Global Renewable Synergy Taiwan Company Limited (GRSC TW)
Business Operation
Investment in renewables power projects in Taiwan
Natee Synergy Company Limited (NSC)

Natee Synergy Company Limited (NSC)
Business Operation
Investment through shareholding in hydropower plant projects of Xayaburi Power Co., Ltd.
EurusPlus Company Limited (EurusPlus)

EurusPlus Company Limited (EurusPlus)
Business Operation
Wind power producer, generating and distributing electricity in Thailand
BoreePlus Company Limited (BoreePlus)

BoreePlus Company Limited (BoreePlus)
Business Operation
Wind power producer, generating and distributing electricity in Thailand
WindPower Development Company Limited (WPD)

WindPower Development Company Limited (WPD)
Business Operation
To accommodate investment growth in wind power plants in Thailand
Helios 1 Company Limited (Helios1)

Helios 1 Company Limited (Helios1)
Business Operation
Solar power producer, generating and distributing electricity from ground-mounted solar farms in Thailand
Helios 2 Company Limited (Helios2)

Helios 2 Company Limited (Helios2)
Business Operation
Solar power producer, generating and distributing electricity from ground-mounted solar farms in Thailand
Helios 3 Company Limited (Helios3)

Helios 3 Company Limited (Helios3)
Business Operation
Solar power producer, generating and distributing electricity from ground-mounted solar farms in Thailand
Helios 4 Company Limited (Helios4)

Helios 4 Company Limited (Helios4)
Business Operation
Solar power producer, generating and distributing electricity from ground-mounted solar farms in Thailand
Global Renewable Power Company Limited (GRP)

Global Renewable Power Company Limited (GRP)
Business Operation
To support investment in renewables businesses by the Company
Global Renewable Power China (Shanghai) Company Limited (GRP China)

Global Renewable Power China (Shanghai) Company Limited (GRP China)
Business Operation
To accommodate investment growth in renewables power plants in China
Global Renewable Power Operating Company Limited (GRPO)

Global Renewable Power Operating Company Limited (GRPO)
Business Operation
Provision of management and maintenance services for solar farms
World Exchange Asia Company Limited (WXA)

World Exchange Asia Company Limited (WXA)
Business Operation
A VSPP generating electricity from solar energy
P.P. Solar Company Limited (PPS)

P.P. Solar Company Limited (PPS)
Business Operation
A VSPP generating electricity from solar energy
N.P.S Star Group Company Limited (NPS)

N.P.S Star Group Company Limited (NPS)
Business Operation
A VSPP generating electricity from solar energy
Global Renewable Power One Company Limited (GRP1)

Global Renewable Power One Company Limited (GRP1)
Business Operation
To accommodate future renewable energy investment in Taiwan
Sheng Yang Energy Company Limited (SYE)

Sheng Yang Energy Company Limited (SYE)
Business Operation
A solar power producer, supplying to Tai Power in Taiwan
Joint Ventures
Nam Lik 1 Power Company Limited (NL1PC)

Nam Lik 1 Power Company Limited (NL1PC)
Business Operation
Hydro power (run-of-river) producer, generating and supplying electricity to Lao PDR’s state enterprise (Electricite du Laos: EDL)
Nava Nakorn Electicity Generating Company Limited (NNEG)

Nava Nakorn Electicity Generating Company Limited (NNEG)
Business Operation
A small power producer (SPP) operating a cogeneration power plant to generate and supply electricity to EGAT, and surplus and steam to industrial users in Nava Nakorn Industrial Promotion Zone
Associates
Bangpa-In Cogeneration Company Limited (BIC)

Bangpa-In Cogeneration Company Limited (BIC)
Business Operation
A small power producer (SPP) operating a cogeneration power plant to generate and supply electricity to EGAT. The surplus power and steam are distributed to industrial users in Bangpa-In Industrial Estate
Nuovo Plus Company Limited (Nuovo+)

Nuovo Plus Company Limited (Nuovo+)
Business Operation:
Production and sale of batteries
GPSC Singapore Pte. Ltd. (GPSCSG)
GPSC Singapore Pte. Ltd. (GPSCSG)
Business Operation
To support overseas investment growth
NV Gotion Company Limited (NV Gotion)
NV Gotion Company Limited (NV Gotion)
Business Operation
Battery module and pack business
CI Changfang Company Limited (Changfang)

CI Changfang Company Limited (Changfang)
Business Operation
Offshore wind power producer, generating and distributing electricity in Taiwan
CI Xidao Company Limited (Xidao)

CI Xidao Company Limited (Xidao)
Business Operation
Offshore wind power producer, generating and distributing electricity in Taiwan
Avaada Energy Private Limited (AEPL)

Avaada Energy Private Limited (AEPL)
Business Operation
Solar power producer, generating and distributing electricity to industrial customers and India’s government agencies, for instance, SECI in India
Xayaburi Power Company Limited (XPCL)

Xayaburi Power Company Limited (XPCL)
Business Operation
Investment through shareholding in hydropower plant projects of Xayaburi Power Co., Ltd.
Others
Ratchaburi Power Company Limited (RPCL)

Ratchaburi Power Company Limited (RPCL)
Business Operation
Independent Power Producer (IPP) operating a combined-cycle power plant to generate and supply electricity to EGAT
Business Services Alliance Company Limited (BSA)

Business Services Alliance Company Limited (BSA)
Business Operation
Provision of human resource management for PTT Group
Sport Services Alliance Company Limited (SSA)
Sport Services Alliance Company Limited (SSA)
Business Operation
Management of a football club for PTT Group
24M Technologies, Inc. (24M)

24M Technologies, Inc. (24M)
Business Operation
Research and development of lithium-ion batteries for energy storage in the industrial sector and for enhancement of power distribution and power network security
Sarn Palung Social Enterprise Company Limited (SPSE)

Sarn Palung Social Enterprise Company Limited (SPSE)
Business Operation
Production and sale of goods and/or services for the benefit of society, communities, and the environment
Anhui Axxiva New Energy Technology Company Limited (AXXIVA)

Anhui Axxiva New Energy Technology Company Limited (AXXIVA)
Business Operation
Production of batteries for EVs in China
Eastern Fluid Transport Company Limited (EFT)

Eastern Fluid Transport Company Limited (EFT)
Business Operation
Provision of maintenance for pipeline structure installation and management of the system for pipeline installation in Map Ta Phut Industrial Estate











