Prime Esco Company Limited (Prime ESCO), a subsidiary of SET-listed Prime Road Power Public Company Limited (PRIME), signed a 25-year power purchase agreement (Private PPA) with Hoya Lumphun Company Limited for private solar power project with a capacity of 1.62 MW. The project completed on 15 Aug., 2023 and expected to achieve commercial operation date (COD) within Oct., 2023. This project will generate revenue approximately THB 6.87 million annually for PRIME.
Furthermore, PRIME’s subsidiaries are negotiating for Private PPA projects, that are expected to reach Letter of Award approximately 9.50 MW. in Oct., 2023.