Eastern Power Group Public Company Limited (SET: EP) has informed the Stock Exchange of Thailand that EPVN W1 (HK) Company Limited (EPVN W1) and EPVN W2 (HK) Company Limited (EPVN W2), which are indirect subsidiaries of Eternity Power Public Company Limited (ETP) that holds 100% of shares and the company holds 81.40% of shares in ETP, has invested in four wind power projects in Vietnam.
These four projects has a total production capacity of 160 megawatts, with 2 projects, HL3 and HL4, with a total production capacity of 60 megawatts, located in Quang Tri Province and another 2 projects located in Galai Province, with a total production capacity is 100 megawatts, which has a power purchase agreement with Vietnam Electricity (EVN) for a period of 20 years.
EPVN W1 received a notification from EVN on September 22, 2025 that the HL4 project, with capacity of 30.00 megawatts, begin selling commercial electricity (Commercial Operating Date: COD) to the EVN starting with counting COD days from September 22, 2025 at the first phase of the electricity purchase rate (Feed in Tariff or FIT) of 1,587.12 Vietnamese Dong per kilowatt hour and will begin recognizing income from the day the commercial electricity sales begin onwards.
As for the remaining 2 projects, it is expected that COD will gradually begin, and the company will inform the Stock Exchange of Thailand later.
