Mrs. Kanokthip Chanpalangsri Chairman of the Executive Committee TPC Power Holding Public Company Limited or TPCH Revealed that the performance in 2020 is satisfactory. Despite the new COVID-19 epidemic, the company has managed it very well, and recently the company sold electricity to the commercial system (COD) to the Provincial Electricity Authority (PEA). Under the TPCH Power 2 biomass power plant project (TPCH 2) with an installed capacity of 9.9 megawatts, with a capacity of 9.2 megawatts, located at Tambon Budee, Amphur Muang, Yala Province. Already, and the company is still preparing COD for additional power plants this year To achieve a total production capacity of 125 MW as planned in 2021.
“The Company’s operating results for the year 2020 (ended December 31, 2020) had total revenue of 1,777.37 million baht and net profit of 250.95 million baht, which was driven by the revenue recognition from both power plant projects. Nine plants with a total capacity of 99 MW that have already supplied electricity to the system are biomass power plants CRB, MWE, MGP, TSG, PGP, SGP, PTG, TPCH 5 and TPCH 1. ”
side Mr. Cherdsak Wattanawitkul President of TPCH said that on February 18, 2021, the Company’s Board of Directors meeting No. 1/2021, the Company’s Board of Directors resolved to propose to the Annual General Meeting of Shareholders to consider and approve the payment of dividends for the year 2020 at the rate of 0.198 baht per share, amounting to 79.44 million baht. Dividend for that year included an interim dividend at the rate of 0.088 baht per share, amounting to 35.31 million baht, which the company had paid on September 3, 2020. At the rate of 0.110 baht per share, amounting to 44.13 million baht, the list of shareholders who are entitled to receive dividends (Record Date) will be on May 7, 2021 and the dividend will be paid on May 20, 2021. It is subject to the approval from the shareholders’ meeting of the Company on April 22, 2021.
The company maintains its target to have a license to sell electricity (PPA) for both biomass and waste power plants to complete 250 MW, divided into biomass power plant 200 MW and waste power plant at 50 MW. Watt by 2022 to help support the Company’s performance. For sustainable and stable growth
For the Company’s operating results for the year 2020 (ending December 31, 2020), total revenue was 1,777.37 million baht, an increase of 135.35 million baht or 8.2% compared to 2019, with total revenue of 1,642.02 million baht while net profit was 250.95. Million baht
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