Page 32 - PSTC - One Report 2023 (EN)

Annual Report 2023 (Form 56-1 ONE REPORT)
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Business information of each company in the Company’s group is as follows: 1. Kanha Solar Power Co., Ltd. (“KSP”)
Kanha Solar Power Co., Ltd. is engaged in the solar power plant business to generate and distribute electricity to the PEA. Currently, Kanha Solar Power Co., Ltd. has a registered and paid-up capital of 57 million baht. Kanha Solar Power Co., Ltd. has a power purchase/sale agreement for purchases from very small power producers (VSPP) who generate electricity from solar energy with the Provincial Electricity Authority (PEA). The agreement is for a generation capacity of 998 kilowatts in two projects, which have a combined generation capacity of 1.996 megawatts. The projects received support from the renewable energy support project of the Office of Policy & Energy, Ministry of Energy in the form of an adder price of 8 baht per kilowatt-hour for ten years frm the commercial operation date (COD). The aforementioned solar power plant is located in Sang Khom, Sang Khom, Udonthani, and was connected to the power grid to begin distribution on the commercial operation date (COD). Project 1 with a generation capacity of 998 kilowatts began distribution on 15 August 2011 and Project 2 with a generation capacity of 998 kilowatts began distribution on 15 August 2011.
2. Solar Go Green Co., Ltd. (“SGG”)
Solar Go Green Co., Ltd. is engaged in the solar power plant business to generate and distribute electricity to the Provincial Electricity Authority. Currently, Solar Go Green Co., Ltd. has a registered and paid-up capital of 20 million baht. Solar Go Green Co., Ltd. has a power purchase/sale agreement for purchases from very small power producers (VSPP) who generate electricity from solar PV rooftops for the Provincial Electricity Authority (PEA). The agreement is for a generation capacity of 987.84 kilowatts and received support by a resolution of the Energy Policy & Planning Office at Meeting No. 2/2556 (145th Meeting) in the form of a feed-in tariff of 6.16 baht per kilowatt-hour for 25 years frm the commercial operation date (COD). The aforementioned solar power plant is located on the building of the Mae Klong Fisheries Cooperative in Laem Yai, Muang, Samutsongkram, and was connected to the power grid to begin distribution on the commercial operation date (COD) on 8 May 2014.
3. Power We Green Co., Ltd. (“PWG”)
Power We Green Co., Ltd. is engaged in the solar power plant business to generate and distribute electricity to the Metropolitan Electricity Authority. Currently, Power We Green Co., Ltd. has a registered and paid-up capital of 38.5 million baht. Power We Green Co., Ltd. has a power purchase/sale agreement for purchases from very small power producers (VSPP) who generate electricity from solar PV rooftops for the Metropolitan Electricity Authority (MEA). The agreement is for a generation capacity of 980 kilowatts and received support by a resolution of the Energy Policy & Planning Office at Meeting No. 2/2556 (145th Meeting) in the form of a feed-in tariff of 6.16 baht per kilowatt-hour for 25 years frm the commercial operation date (COD). The aforementioned solar power plant is located on the building of Precast Engineering Co., Ltd., Ratniyom, Sai Noi, Nonthaburi, and was connected to the power grid to begin distribution on the commercial operation date (COD) on 10 October 2014.