Prime Road Power Public Company Limited or PRIME, a leading company in the clean energy business by Mr. Somprasong Panjalak, Chairman of the Board and Chief Executive Officer, informed that on December 7, 2023, the subsidiaries that PRIME holds 99.99% of shares, 2 companies have entered into a Power Purchase agreement (PPA) with the Provincial Electricity Authority (PEA) for a period of 25 years to develop a ground-mounted solar power projects (solar farm) with a total amount of electricity offered for sale of 15.70 megawatts, details as follows:
Group of ground-mounted solar power projects
Name of subsidiaries
Amount of electricity offered for sale (Megawatts)
PR Pak Phanang 1 Company Limited
PR Hua Sai Company Limited
Remarks *Scheduled Commercial Operation Date (SCOD) specified in the power purchase agreement
The ground-mounted solar power projects (solar farm) have a FiT electricity sales rate of THB2.1679 per kilowatt-hour.
The Utility Business Team Leaders informed that for the 2 solar farms with Battery Energy Storage System: BESS with a total of 72.26 megawatts. The Company will gradually sign the contracts and further updates if there are any progress on the matter.