46.7MWp Song Luy1 Solar Power Plant
Location : AH1, Sông Luỹ, Bắc Bình, Bình Thuận, Vietnam
Parabolic Solar Power Company Limited (“PSP”), a subsidiary of the Company, and Asia Investment, Development & Construction Sole Co., Ltd. (the “Seller”) in respect of the purchase of shares 11,670,833 ordinary shares in AIDC Solar Power Number 1 Pte. Ltd. (the “Target Company”), a limited company incorporated under the laws of Republic of Singapore, having main objectives to hold shares in Binh Thuan Solar Power Investment Joint Stock Company (“B-Solar”), a company operating solar power plant named “Song Luy 1 Solar Power Plant” (“Song Luy Power Plant”) located in Vietnam. Therefore, the entry into this transaction will result in PSP becoming a shareholder holding 11,670,833 shares in the Target Company or totaling 83.33 percent of the total sold shares in the Target Company, and the Target Company becoming a subsidiary of the Company. This investment of the Company in the Target Company is in line with the Company’s business operation strategy and will increase operation capacity of the Company as well as its ability to generate income that also strengthens cash flow and the Company’s financial statements for long term since the solar power plant of B-Solar has entered into a power purchase agreement with Vietnam Electricity (EVN) having a term of 20 years. This is also considered a significant opportunity to expand the Company’s investment in Vietnam and other CLMV group of countries in the future term in response to the Company’s business strategy focusing on business expansion.
สหกรณ์ผู้ผลิตและผู้ใช้ปุ๋ยอินทรีย์ อ.กระแสสินธุ์ จำกัด (จังหวัด สงขลา)
ขนาด 5.00 MW ค่าไฟต่อหน่วย 4.12 บาท/kWh ระยะเวลาขายไฟ 25 ปี ขนาดที่ดิน 59 ไร่ 2 งาน 154 ตรว.
สหกรณ์การเกษตรวิเชียรบุรี จำกัด (จังหวัด เพชรบูรณ์)
ขนาด 1.75 MW ค่าไฟต่อหน่วย 4.12 บาท/kWh ระยะเวลาขายไฟ 25 ปี ขนาดที่ดิน 22 ไร่ 2 งาน 23 ตรว.
สหกรณ์การเกษตรกะทูน จำกัด (จังหวัด นครศรีธรรมราช)
ขนาด 1.2 MW ค่าไฟต่อหน่วย 4.12 บาท/kWh ระยะเวลาขายไฟ 25 ปี ขนาดที่ดิน 11 ไร่ 1 งาน 67 ตรว.
Phase2: 200 MW
APU signed a Memorandum of Agreement (MOA) with the Department of Electric Power, Myanmar’s Ministry of Electric Power, dated August 27th, 2014 for building, operating and transferring of gas fired combined cycle power plant.
With the assistance of APU, Myanmar UPA (MUPA) as a project company, UPA’s subsidiary, in which the Company holds 99% of shares, has entered into a power purchase agreement of 200 MW with Myanmar Electric Power Enterprise (MEPE)
Phase 2: 200 MW ESIA Process
In November 2016, Myanmar UPA company limited (MUPA) planned to develop a 200MW combined Cycle power plant (CCPP). The CCPP will be located in Kanbuak Village, in the Yebyu township, Tanintharyi region. The 200MW development phase will bring benefits; such as, enough electric power required for the development of Dawei, more reliable system with less power shortage and possible positive impacts on the price of electricity.
Moreover, as a part of the approval process, MUPA will be undertaking an Environmental Impact Assessment (EIA) with the purpose of understanding the impact of the project on the environment and people living/working close to the project area, as well as to identify ways to manage changes that may occur through the development of the mitigation measures.
After the approval of EIA, the construction is expected to begin in late 2017, followed by the operation in the final quarter of 2020. Once the CCPP is operational, electricity will then be transmitted to the national grid via a 230kV transmission line which is expected to run from Maw La Myine to Dawei.