B.Grimm Power Plc (BGRIM) has successfully started commercial operation from its latest power plant in Rayong, raising its combined generating portfolio to date to 1,912 megawatts.
The 133-MW combined cycle power plant, operated by subsidiary Amata B. Grimm Power (Rayong) 4 Ltd, known as ABPR 4, came on line on June 1, 2018 as stipulated under the 25-year power sale contract with the Electricity Generating Authority of Thailand (EGAT).
“The coming on-stream of ABPR4 underscores our continued commitment to add new capacities to arrest Thailand’s growing energy need,” said BGRIM President Preeyanart Soontornwata.
ABPR4 was also hailed as a success because construction of ABPR4 was within the budget and timeframe as per the agreement with the project’s lenders, she added.
ABPR4 is the second of three combined cycle power houses BGRIM has been building at the Amata City Industrial Estate in Rayong, developed under the Government’s Small Power Producer (SPP) scheme, with a combined capacity of 399 MW.
These Rayong facilities will specifically ensure availability of efficient and reliable electricity supplies to the thriving industrial park.
BGRIM will later this year systematically put a series of power generation projects on stream to consolidate the Company’s overall portfolio to more than 2,000 MW.
Mrs Preeyanart noted BGRIM has been able to execute power projects both in Thailand and abroad in accordance with the plans.
“We are strongly confident about meeting scheduled operation dates of all new facilities which will enable BGRIM to achieve revenue and profit forecasts,” she added.
B.Grimm Power Plc (BGRIM) has successfully started commercial operation from its latest power plant in Rayong, raising its combined generating portfolio to date to 1,912 megawatts.
The 133-MW combined cycle power plant, operated by subsidiary Amata B. Grimm Power (Rayong) 4 Ltd, known as ABPR 4, came on line on June 1, 2018 as stipulated under the 25-year power sale contract with the Electricity Generating Authority of Thailand (EGAT).
"The coming on-stream of ABPR4 underscores our continued commitment to add new capacities to arrest Thailand's growing energy need," said BGRIM President Preeyanart Soontornwata. ABPR4 was also hailed as a success because construction of ABPR4 was within the budget and timeframe as per the agreement with the project's lenders, she added.
ABPR4 is the second of three combined cycle power houses BGRIM has been building at the Amata City Industrial Estate in Rayong, developed under the Government's Small Power Producer (SPP) scheme, with a combined capacity of 399 MW.
These Rayong facilities will specifically ensure availability of efficient and reliable electricity supplies to the thriving industrial park. BGRIM will later this year systematically put a series of power generation projects on stream to consolidate the Company's overall portfolio to more than 2,000 MW.
Mrs Preeyanart noted BGRIM has been able to execute power projects both in Thailand and abroad in accordance with the plans. "We are strongly confident about meeting scheduled operation dates of all new facilities which will enable BGRIM to achieve revenue and profit forecasts," she added.
