TPCH is delighted to win the bid for a 10 MW waste-to-energy power plant, budgeting 700 million baht to invest in Cambodia – Miti stock | clearly points out every investment

Mitistock – Mrs. Kanokthip Chanpalangsri Chairman of the Board of Directors of TPC Power Holding Public Company Limited or TPCH revealed that Siam Power Company Limited (SP), in which TPCH holds 50% of shares, has won the waste-to-energy power project in Na Klang Subdistrict, Nakhon Ratchasima Province. Production approximately 10 MW, project value 1.9 billion baht. The source of investment will be 70% from bank loans and the remaining 30% will be company funds. It is expected that the construction of the power plant will take 18 months.

While previously winning the waste-to-energy power plant project at Nong Sarai Subdistrict, Nakhon Ratchasima Province, production capacity approximately 10 MW, project value 1.9 billion baht. Construction work is expected to begin in Q1/2024, so both projects will be able to start supplying electricity into the commercial system (COD). Number of projects per project. 8 MW within 2025

In this regard, an investment budget of 700 million baht has been placed to invest in a solar farm project in Cambodia with a production capacity of 180 MW, resulting in a domestic production capacity of 140 MW and abroad a production capacity of 360 MW, making a total of 500 MW and able. Prepare to sign all power purchase agreements (PPAs) within 2024, faster than the target set in 2026.

However, Q4/66 still grew well with power plants able to operate at full capacity. Including a profit recorded from the sale of investments in 4 power plants that were at a loss, resulting in 2023 expected to have income of approximately 2.5 thousand, slightly decreased from 2022, but profits will grow from the sale of factories, with a target of 2024. has reached 3 billion baht and is preparing to submit SP to IPO on the stock exchange within 2025.

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