Corporate Presentation dbAccess Thailand Corporate Day 23 November - PowerPoint PPT Presentation

Corporate Presentation dbAccess Thailand Corporate Day 23 November 2015 Synergizing Power & Utilities for the Global Future 0

Agenda Company Overview Project Updates & Outlooks Financial Performance 1

Company Strategy Vision Mission “Being the Power Flagship of PTT Group to develop, “Global Best Practice in Power Business” invest and operate in power business domestically and internationally” Additional Equity Capacity 600-1,000 MW within 2019 GPSC’s Growth Strategy 2,451 – 2,851 Equity MW Growth Growth domestically and internationally 3,000 along with along with upstream and downstream PTT Group business of PTT Group 2,500 1,851 2,000 Intermediate Growth to support IPO Quick Win story e.g. renewable business, acquisition of operating/under-construction assets 1,500 1,315 1,000 Investment in International Mega Big Win Projects 500 0 Other potential related business e.g. Existing Project in Growth Quick Win Big Win Total Adjacent & ESCO, Transmission and Distribution COD MW Pipeline along with Capacity Support business, Energy Storage, Utilities PTT Group in 2020 2019 Opportunities Secured MW Provider, etc. 2

GPSC History 1997 - 2012 2013 2013-2014 2015 GPSC Operating Asset Defragmentation Restructuring and Recapitalization Power Flagship Dec 2013 – Dec 2014, 8 of PTT’s power Sriracha Power Plant (700 MW)  18 May 2015 On 10 th Jan 2013, PTT consolidated all its (Independent Power (Thailand)) assets were transferred to GPSC ramping IPO 374.575 power assets under GPSC, creating a up GPCS’s effective equity MW. Established on 18 Nov 1997 at Chonburi million shares or power flagship with 8,630 THB MM Province. IPT was selected by EGAT to  On 19 Dec 2013, GPSC raised additional 25% of total registered capital at the date of build and operate a combine cycle plant capital through Right Offerings (RO). post-IPO shares amalgamation. under the IPP program (700 MW) PTT’s Power 56% Flagship 20% 24% 100% 40% 100% CHPP TSR NSC Increase1,000 MW (5 MW) 25% 100% capacity by the year 51% IRPCCP SSE XPCL (240 MW) 2019 (80MW) (1,285MW) 30% NNEG 30.1% 30.31% 11.88% 40% Rayong Power Plant (339 MW, steam 27.71% NL1PC (125MW) (65MW) 1,340 T/H) PTT Utility Company Limited 25% BIC2 BIC1 Established on 13 Jul 2004 at Rayong (117MW) (117MW) Province. This power plant serves the PTT 15% RPCL group and other industrial users in industrial (1,400MW) estates. Combined Heat and Power with District Cooling Power Plant Assets Solar Farm Assets Hydro Power Assets Other Investments 40% 60% Effective MW Effective MW: 1,039 MW Effective MW: 1,851 MW 1,917 MW 3

Business Portfolio Public 22.6% 20.8 % 22.7 % 8.9 % 25% 4

Operating Asset Chilled Water Industrial Water ELECTRICITY STEAM 1,917 MW 1,582 T/H Other Business - Operating Phase 1,315 MW - Operating Phase 1,345 T/H 2,080 Cu.m./H 12,000 RT - Construction Phase 602 MW - - Construction Phase 237 T/H Business Portfolio Hydroelectric Renewable Energy Combined Cycle / Cogeneration ELECTRICITY Chilled Water STEAM ELECTRICITY ELECTRICITY Other Businesses 1,517 MW 1,582 T/H 12,000 RT 53 MW 347 MW 1,084 MW 100% 1,410 T/H 40% 100% 25% Natee Synergy Co., 2,080 Cu.m./H Business Services Ltd. Alliance Co., Ltd. Operating* 100% 5 MW Operating 25% SCOD: 2019 Sport Services 12,000 RT 100% 100% Alliance Co., Ltd. SCOD: 2017 1,285 MW 51% 80 MW 240 MW 1 7 % 300 T/H 99% SCOD: 2017 24M Technologies, Inc. 40% 65 MW Ichinoseki SCOD: 2016 30% Solar Power 1 G.K. 125 MW SCOD: 2017 30 T/H 20.8 MW SCOD: 2017 Operating 25% 117 MW 117 MW 20 T/H 20 T/H Operating Under construction 15% 1,400 MW Note: *CHPP currently operates only Electric Chiller - T/H 5

Rayong Power Plant (100%) EGCO CUP -1 CUP-2 CUP -2 CUP -3 GSP CUP-1 Name Rayong Plant CUP-3 Shareholder GPSC 100% Location Map Ta Phut, Rayong Type Cogeneration Electricity 339 MW and Steam Capacity 1,340 Ton/Hr IEAT Port (Map Ta Phut) COD Year 2006-2010 PTT Group, Other IU Customers Customer and EGAT 6

Rayong Plant Location  Chonburi Rayong  Highway 36 PTT HERB RIL CENTER Hwy 3191 CUP-2  Banchang Sukhumvit Rd. Rayong  GSP Asia Industrial Estate CUP-1 Eastern Future Map Ta Phut Industrial Industrial Estate Estate CUP-3 Padaeng CUP-4 Industrial Estate 7

Central Utility Plant Project 1 (CUP – 1) Capacity Total Power 226 MW Steam 890 Ton/hr Industrial Water 720 Cu.M/hr Gas Metering Station 115 kV HRSG#1 GTG#1 22/6.9 kV HRSG#2 GTG#2 115/22 kV HRSG#3 GTG#3 Cooling Tower GTG#4 HRSG#4 Auxiliary Cooling Water System HRSG#5 GTG#5 HRSG#6 GTG#6 Clarified Condensate Demin Water Tank Tank Tank Auxiliary Boiler 8

Central Utility Plant Project 2 (CUP – 2) Capacity Total Power 113 MW Steam 170 Ton/hr Industrial Water 510 Cu.M/hr 115 kV Gas Metering Station GTG#1 HRSG#1 22/6.9 kV GTG#2 HRSG#2 STG Cooling Tower Auxiliary Cooling Water System Auxiliary Boiler Clarified Raw Condensate Demin Water Water Tank Tank Tank Tank 9

Central Utility Plant Project 3 (CUP – 3) Capacity Total Steam 280 Ton/hr Industrial Water 770 Cu.M/hr 115 kV 115/22 kV Gas Metering Station 140 Ton/hr 22 kV Auxiliary Boiler#1 Cooling Tower 70 Ton/hr Auxiliary Cooling Auxiliary 22/6.9 kV Water System Boiler#2 70 Ton/hr Clarifie d Water Tank Auxiliary Boiler#3 Tail Gas Metering Station RO Condensate Demin Permeate Tank Tank Tank 10

Sriracha Power Plant (100%) Plant Sriracha Shareholder GPSC 100% ~40 rai leasehold land in Ampor Location Sriracha, Chonburi Province Type IPP, Combined Cycle Power Plant ~Electricity 700 MW and Capacity ~Demineralized Water 80 Cu.m./hr. Sriracha Plant Construction Year 2005 - 2010 COD Year 2006-2010 Natural Gas – PTT • Supplier Raw Water – EASTW • Power Back up – EGAT and TP • Power : EGAT 700 MW Customer Demineralized Water : Thaioil Power 50 Cu.m./hr. 11

Plant Configuration Capacity Total Customer Contract Total Electricity 700 MW Electricity 700 MW 12

Combined Heat and Power Producing Co., Ltd. (100%) Name Combined Heat and Power Producing Co., Ltd. (CHPP) Shareholder GPSC 100% Location Chaeng Watthana, Bangkok Type Very Small Power Producer (VSPP) and Chilled Water ~Electricity 5 MW and Capacity ~Chilled water 12,000 RT COD Electric Chiller Jan 1, 2009 MEA 6.6 MW • Customer DAD ~8,700 RT • 13

Bangpa-in Cogeneration Company Limited (25%) Name Bangpa-in Cogeneration Company Limited (BIC1) Bangpa-in Industrial Estate, Klongjig Bang Pa-in, Location Ayutthaya Type SPP-Cogeneration ~Electricity 117 MW and Capacity ~Steam 20 tph COD 28 Jun 2013 ~Electricity EGAT 90 MW and IUs 27 MW Customer ~Steam IUs 20 tph 14

Ratchaburi Power Company Limited (15%) RPCL Name Ratchaburi Power Company Limited (RPCL) Location Damnoen Saduak District, Ratchabuti Type IPP, Combined Cycle Power Plant Capacity Electricity 1400 MW Block 1 : Mar 1, 2008 COD Block 2 : Jun 1, 2008 Customer EGAT 15

Thai Solar Renewable Company Limited (40%) KANCHANABURI Thai Solar Renewable Company Limited : TSR ❶ PV01 (Bo Phloi) Name (TSR hold 100% share in Siam Solar Energy 1: SSE1 ) ❻ PV06 (Dan Makham Tia) Location 4 sites in Kanchanaburi and 6 sites in Suphanburi ❼ PV07 (Ta Muang) Type Solar ❽ PV08 (Panom Tuan) Capacity Electricity 80 MW COD 2013-2014 Customer PEA SUPHANBURI ❷ PV02 (Don Chedi) ❸ PV03 (Nong Ya Sai) ❹ PV04 (Doem Bang Nang Buet) ❺ PV05 (Doem Bang Nang Buet) ❾ PV09 (U Thong) ❿ PV10 (Sam Chuk) 16

Business Services Alliance Company Limited (25%) Human outsourcing services 17

Agenda Company Overview Project updates & Outlooks Financial Performance 18

Growth Commitment CUP-4 ISP1 2019 2017-2018 Phase I Operating 2016 Electricity Operating 2015 1,917 MW Operating Electricity 2014 Electricity 1,596 MW Operating 1,376 MW Operating Electricity Electricity 1,338 MW 1,315 MW Hydro 18% Renew 3% Gas 79% 19

Projects’ Progress Update Project under construction 602 Equity MW Business Portfolio Hydroelectric Renewable Energy Combined Cycle / Cogeneration ELECTRICITY Chilled Water STEAM ELECTRICITY ELECTRICITY Other Businesses 1,517 MW 1,582 T/H 12,000 RT 53 MW 347 MW 1,084 MW 100% 1,410 T/H 40% 100% 25% Natee Synergy Co., 2,080 Cu.m./H Business Services Ltd. Alliance Co., Ltd. Operating* 100% 5 MW Operating 25% SCOD: 2019 Sport Services 12,000 RT 100% 100% Alliance Co., Ltd. SCOD: 2017 1,285 MW 51% 80 MW 240 MW 1 7 % 300 T/H 99% SCOD: 2017 24M Technologies, Inc. 40% 65 MW Ichinoseki SCOD: 2016 30% Solar Power 1 G.K. 125 MW SCOD: 2017 30 T/H 20.8 MW SCOD: 2017 Operating 25% SPP, VSPP, 117 MW 117 MW 602.00 , 1,917 MW 5.00 , 20 T/H 20 T/H 31% 0% Operating Under construction 15% 1,400 MW Renew Note: *CHPP currently operates only Electric Chiller - T/H & Hydro, IPP, 400 , 910.00 , 21% 48% 20