Page 34 - PSTC - One Report 2023 (EN)

Annual Report 2023 (Form 56-1 ONE REPORT)
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8. PSTC Engineering Co., Ltd. (“PSTCE”)
PSTC Engineering Co., Ltd. was established founded on 25 September 2015 and mainly operates in the construction services business. Currently, PSTC Engineering Co., Ltd. has a registered and paid-up capital of 10 million baht. PSTC Engineering Co., Ltd. provides construction services and modifies power plants for associated companies.
9. Aran Power Co., Ltd. (“ARW”)
In November 2015, the Company invested in purchasing common shares in Aran Power Co., Ltd. Currently, Aran Power Co., Ltd. has a registered and paid-up capital of 386 million baht. Aran Power Co., Ltd. has a power purchase/sale agreement for purchases from very small power producers (VSPP) who generate electricity from biomass energy with the Provincial Electricity Authority (PEA). The agreement is for a generation capacity of 4 megawatts with an adder price of 0.30 baht per kilowatt-hour for seven years frm the commercial operation date (COD). The aforementioned biomass power plant is located in Wang Luek, Sam Chuk, Suphanburi, and was connected to the power grid to begin distribution on the commercial operation date (COD) on 19 March 2014.
10. Millionaire Suphan Biogreen Power Co., Ltd. (“STS”)
In November 2015, the Company invested to purchase common shares in Setthee Millionaire Suphan SuphanBiogreen Power Co., Ltd. Currently, STS has a registered and paid-up capital of 200 million baht. Setthee Suphan Biogreen Power Co., Ltd. has a power purchase/sale agreement for purchases from very small power producers (VSPP) who generate electricity from biomass with the Provincial Electricity Authority (PEA). The agreement is for a generation capacity of 2 megawatts with an adder price of 0.30 baht per kilowatt-hour for seven years from the commercial operation date (COD). The aforementioned biomass power plant is located in Talingchan, Muang Suphanburi, Suphanburi, and was connected to the power grid to begin distribution on the commercial operation date (COD) on 20 October 2015.
11. Big Gas Technology Co., Ltd. (“BIGGAS”)
In November 2017, the Company invested in purchasing common shares in Big Gas Technology Co., Ltd. Currently, the company has a registered and paid-up capital of 1,430.00 million baht. Big Gas Technology Co., Ltd. is engaged in the business of energy engineering and distribution of liquid petroleum gas (LPG), natural gas (NGV) and liquid natural gas (LNG) including other connected businesses such as natural gas station and oil depot construction, natural gas station repair and maintenance, natural gas transport repair and maintenance and fuel system installation for industrial factories.
12. Bio green Energy 2 Co., Ltd. (“BGE 2”)
Biogreen Energy 2 Co., Ltd. was established founded on 10 January 2019 to invest in or generate and distribute electricity in the renewable energy business along with accepting power plant construction contracts with a registered capital of 100,000 baht and a paid-up capital of 25,000 baht. The company is engaged in the business of generating electricity from biomass energy for use as capital in the company.