Post by account_disabled on Dec 23, 2023 23:07:44 GMT -5
TPI Polene Power Public Company Limited or TPIPP is a major operator of waste-to-fire (RDF) power plants and waste heat power plants in Thailand. Send operational results in 2020 to grow after installing a complete boiler, pushing the Utilization Rate to increase to 95-100% and accelerating the bidding for more than 75 MW of waste-to-energy power plant projects this year, Mr. Phakphon Liophairat Executive Vice President Accounting and Finance Department, TPIPP, revealed that the company has prepared To maintain a high profit base By continuously participating in the bidding for waste-to-energy power plant projects. After the government plans to open auctions for waste-to-energy power plant projects across the country. Total installed capacity is 400 megawatts, divided into 30 power plant projects with installed capacity.
Less than 10 megawatts (VSPP) and power plants of small power producers with installed capacity 10- 40 megawatts (SPP), 5-10 projects, totaling approximately 600 megawatts. TPIPP is interested in Phone Number List participating in the bidding for power plant projects this year, at least 3-4 projects, with a capacity according to the electricity sales contract of 8-10 MW per project, which Receive a waste disposal fee of 400-500 baht/ton. Currently, some projects have announced TOR and are awaiting bidding for the project. And some projects are in the process of finalizing the final conditions of TOR. It is expected that every project will be able to know the results of the auction by the end of 2020, which TPIPP is confident because the company is ready in terms of technology, capital, and experience. Each of these projects will generate returns of approximately 300-400 million baht per year.
In addition, the company is in the process of constructing a waste processing plant (RDF) in Saraburi Province. To support the rising demand for RDF, the company has applied to sell 40 MW of waste-fueled electricity to the Electricity Generating Authority of Thailand (EGAT), which is under consideration by the Ministry of Interior. The results are expected to be known early next year. Projects mentioned above It is expected that the project's investment return (IRR) will be approximately 15-20%. Currently, TPIPP is ready with a stable financial position. With a debt-to-equity ratio (D/E) as low as 0.42 times, with high cash flow from operations and cash on hand, resulting in TPIPP having the potential to make additional investments by using increased leverage, resulting in returns of shareholders are higher Have a competitive advantage in the industry.
Less than 10 megawatts (VSPP) and power plants of small power producers with installed capacity 10- 40 megawatts (SPP), 5-10 projects, totaling approximately 600 megawatts. TPIPP is interested in Phone Number List participating in the bidding for power plant projects this year, at least 3-4 projects, with a capacity according to the electricity sales contract of 8-10 MW per project, which Receive a waste disposal fee of 400-500 baht/ton. Currently, some projects have announced TOR and are awaiting bidding for the project. And some projects are in the process of finalizing the final conditions of TOR. It is expected that every project will be able to know the results of the auction by the end of 2020, which TPIPP is confident because the company is ready in terms of technology, capital, and experience. Each of these projects will generate returns of approximately 300-400 million baht per year.
In addition, the company is in the process of constructing a waste processing plant (RDF) in Saraburi Province. To support the rising demand for RDF, the company has applied to sell 40 MW of waste-fueled electricity to the Electricity Generating Authority of Thailand (EGAT), which is under consideration by the Ministry of Interior. The results are expected to be known early next year. Projects mentioned above It is expected that the project's investment return (IRR) will be approximately 15-20%. Currently, TPIPP is ready with a stable financial position. With a debt-to-equity ratio (D/E) as low as 0.42 times, with high cash flow from operations and cash on hand, resulting in TPIPP having the potential to make additional investments by using increased leverage, resulting in returns of shareholders are higher Have a competitive advantage in the industry.