Solar Power Production and Distribution Business
The Company’s solar power plant project is operated by The Solar Arcade Company Limited, which is the central company that manages 8 subsidiaries that are engaged in the business of producing and distributing electricity from solar energy with a total installed capacity of 7.825 megawatts, renting rooftop space from other private companies to install the system. Classified as a Very Small Power Producer : VSPP) by producing electricity for sale to the Metropolitan Electricity Authority (MEA) and the Provincial Electricity Authority (PEA) by entering into a contract to purchase and distribute electricity (Power Purchase Agreement: PPA) for a total of 10 projects, which has a period of 25 years, starting on 31 December 2013 and ending on 31 December 2038.
Floating Storage and Offloading Unit (FSO) Service Business
At the G1/61 oil field project or the Plathong field in the middle of the Gulf of Thailand of Nova X Company Limited, a subsidiary of the Company, which provides Floating Storage and Offloading Unit (FSO) services to PTT Exploration and Production Public Company Limited (PTTEP).
Business Drive for Sustainability
The Company aims to conduct business in accordance with the principles of good governance, provide fairness to shareholders and be responsible to stakeholders. The Company believes that sustainability comes from balanced mutual growth.
