Development of the company
The Company was registered as a juristic person with the Ministry of Commerce on July 7, 1995 with initial registered capital of Baht 1 Million to produce electricity and steam for industry as an operator of co-generation power plants with steam turbines, and converted to a public limited company on May 26, 2010. Throughout all of the past years, the Company has invested in additional power businesses and integrated supporting businesses such as downstream and logistics businesses, as well as other related energy businesses such as ethanol production. These businesses are operated by the management of the Company’s subsidiaries and associate, which were incorporated by the Company for each project. The Company has continually increased its capital in order to support the expansion of these businesses. As of December 31, 2020, the Company had registered capital of Baht 10,000.00 Million, of which Baht 9,354.04 Million is issued and paid up.