GPSC expects H2/65 performance to grow higher than H1/65, get Ft value adjusted – return to start Glow Phase 5: Infoquest

Mrs. Sirobol Boonthavorn, Senior Manager of Corporate Finance, Global Power Synergy Public Company Limited (GPSC), revealed that the Company expects operating results in the second half of this year to grow better than the first half. Because the Energy Regulatory Commission (ERC) has raised the Ft by the latest from Sept-Dec. increased by 68.66 satang per unit to 93.43 satang per unit from the continuously rising energy prices This will help mitigate the impact on fuel costs. This makes it possible to reflect the cost of fuel more closely. and support margins to adjust to some extent

In addition, the Glow Energy Phase 5 power plant will return to full capacity in the second half of this year. After an unplanned maintenance stop last year. It also continues to improve the efficiency of power plants. In addition, it is expected to receive more profit sharing from Xayaburi Hydroelectric Power Plant (XPCL) in Laos due to higher water volume than last year. However, the company Still keeping an eye on the issue of energy prices closely. whether it is still as expected or not including intensive management

for the progress of the project under construction At present, the Energy Recovery Unit (ERU) project with a capacity of 250 megawatts has a construction progress of approximately 81.46% and is expected to supply electricity to the system during the year 68, the SPP Replacement project has Progress is about 83.76%, it is expected to gradually distribute electricity into the system during October 65. and another project during the month of Dec. 65

The Glow Energy Phase 2 project is under construction, the Solar Power Plant Project in India (Avaada Energy Private Limited or AEPL) with a total capacity of 4,634 MW (the Company owns a 42.93% stake) with commercial operations. Already 23 projects with a total power generation capacity of 2,859 megawatts and under construction, 12 projects with a total capacity of 1,775 megawatts, with a COD schedule in the next 1-2 years.

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Meanwhile, the Changfang and Xidao offshore wind farm (CFXD) project in Taiwan with a capacity of 595 megawatts (GPSC owns 25%) has made approximately 45.30% overall construction progress. The installation of the first wind turbine has been completed. All projects are planned to be operational within the quarter 174.

However, the company It is expected to be able to obtain investment licenses in the CFXD project from Taiwan’s government agencies in 4Q22, with a total investment value of 14 billion baht. There will be in the SPP Replacement project about 4,000 million baht.

By InfoQuest News Agency (26 Aug 65)

Tags: GPSC, Sirobol Boonthavorn, Thai stocks, Global Power Synergy

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