By The Nation
Bundit Sapianchai, BCPG President and CEO said that on April 11, the 10-MW wind farm in Pak Panang district, Nakhon Si Thammarat province, operated by Lom Ligor Co Ltd, an affiliate of BCPG Group, started selling electricity to the Provincial Electricity Authority (PEA) ahead of schedule. COD was previously scheduled for the second quarter of this year but the earlier launched enabled revenue recognition earlier than planned.
The project, which comprises four wind turbines, with generation capacity of approximately 5.1 hours per day, will generate an average of approximately Bt6.60 per unit revenue, which includes a Bt3.50 adder per unit for 10 years. It is also equipped with an Energy Management System to help manage energy generation efficiency.
“The Company is seeking opportunities to expand its wind energy business in other countries in the Asia-Pacific. Details should be much clearer in the next few months. While we focus on projects with a high return on investment, we are also entering the Digital Energy Business, where we work to offer choices to consumers through innovations so that they can not only produce environmentally friendly energy by themselves but also save on costs,” Bundit said.