B.Grimm 2020, profit 2.6 billion, grow 21%, distribute 30 additional satang



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Dr. Harald Link, Chairman of B.Grimm and CEO of B.Grimm Power Public Company Limited or BGRIM It revealed that the 2020 results have a net operating income The owners of the parent company grew 21.1% to Bt2,617 million despite the COVID-19 outbreak. Affecting the whole world This is the result of a 162 MW capacity expansion, which resulted in a 6% increase in power generation volumes to 14,451 GW-hours in 2020.

Meanwhile, the electricity consumption of industrial customers in Thailand has recovered strongly to a level higher than the same period last year for five months in a row. Or from September 2020 to January 2021 and continue to expand the customer base A new 15 MW industrial customer is connected to the system by 2020 and more than 40 MW are expected by 2021.

In addition, the year-round performance of large solar power plants in Vietnam was recognized. And natural gas prices, a 10.4% drop from the previous year to 244 baht / million BTU. PTT’s natural gas price is forecast to be 225 baht / million BTU in 2021.


Dr. Harald Link said that in addition to the objective of expanding capacity to 7,200 MW by 2025 from the current installed capacity of 3,058 MW, B. Achieved under the philosophy of “Doing Business with Compassion” for more than 143 years, with a focus in cooperation with partners in all business groups. If the potential for cooperation in B.Grimm group, which has several businesses, will increase Both the construction industry, health and digital, etc. o cooperation with both domestic and foreign partners. As in the last 6 months, a new alliance has been announced, namely Univentures Public Company Limited (UV), which operates an investment business. real estate with a variety of products and services AND the Provincial Electricity Authority (PEA) and PEA ENCOM International Company Limited (PEA ENCOM)

To expand business opportunities Private power generation projects that generate electricity themselves or sell directly to customers (Independent power supply: IPS) Micro-grid system AND smart micro-grid systems, etc. On December 15, 2020, B.Grimm Power made history Scheduled commissioning of a solar power plant in Cambodia despite being affected by the COVID-19 outbreak. And the great flood in Cambodia This is the first power plant project in Thailand to operate under the Power Purchase Agreement (PPA) with the Cambodia Electricity Authority (EDC) for a period of 20 years and is guaranteed by the Government of Cambodia.

Dr. Harald Link said that another pride in 2020, in addition to its strong performance, Phu Yen TTP has signed the first green bond in Thailand and the CLMV region (Cambodia, Laos, Myanmar, Vietnam) certified by the Bond Initiative. Climate and B Grimm Power is recognized for its sustainable development. In December 2020, B.Grimm Power received 5 awards from 4 organizations:

1. Association of the Institute of Directors of Thailand To evaluate the corporate governance survey project (CGR) at the “Excellent” level (5 stars) 2. Thaipat Institute For being classified as “ESG100 List 2020” for the third consecutive year and “Sustainability Disclosure Award 2020” 3. Thailand Stock Exchange. For being recruited in “Sustainable Stock List (THSI)” for the third consecutive year and 4. Thai Investors Association For obtaining “The score of 100 complete points is excellent in the quality evaluation project of the Annual General Meeting of Shareholders of 2020 “

For projects under construction Bo Thong Wind Farm 1 and 2 Wind Farm 1 and 2 Wind farm project with an installed capacity of 16 MW in Mukdahan province Construction progress is 80.8% and commercial operation is scheduled. In the first half of 2021 and five projects of the combined cycle power plant (replacement of SPP), the construction progress of 9-32% is scheduled for commercial operation. In the second half of 2022

B. Grimm Power announced a dividend payment for the second half of the year, 0.30 baht per share (after paying an interim dividend of 0.15 baht per share), keeping a dividend payment for the whole year at the 45% of net operating profit. The date for which the dividend is ineligible (XD) March 11, 2021 and the dividend payment date May 11, 2021.

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