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Prime Road Power Public Company Limited Stock Price Soars After Company Announces New Subsidiaries and Power Purchase Agreement with PEA

Reporters reported that today (29 Jan. ’24) the stock price Prime Road Power Public Company Limited or PRIME At 3:36 p.m., it was at the level of 0.89 baht plus 0.18 baht or 25.35%, the highest at 0.89 baht, the lowest at 0.72 baht, with a trading value of 272.61 million baht.

As for PRIME stock prices, they rose sharply after the news from the company. Informed through the Stock Exchange that there are 2 subsidiaries in which the Company holds 99.99% of shares, namely PR Pak Phanang 1 Company Limited, electricity power offered for sale 5.70 megawatts, SCOD set for 2070, with a power purchase rate (FiT) of 2.1679, and P.A. Hua Sai Co., Ltd. Electric power offered for sale 10 megawatts, SCOD set for year 73, electricity purchase rate (FiT) 2.16

The Company has entered into a Power Purchase Agreement (PPA) with the Provincial Electricity Authority (PEA) for a period of 25 years to develop a ground-mounted solar power plant project (Solar Farm) with an amount of electricity. Total offering for sale is 15.70 megawatts.

2024-01-29 08:49:49
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