BGRIM Commences Commercial Operation of Laem Chabang 1 Combined Cycle Power Plant

B.Grimm Power Public Company Limited (SET: BGRIM) announced on Monday that B.Grimm Power (Laem Chabang) 1 Limited (BPLC1R), a wholly-owned subsidiary of the Company, commenced its commercial operation of new combined-cycle cogeneration power plant with an installed capacity of 140 megawatts for the replacement of existing power plant with an installed capacity of 103 megawatts and started supplying electricity to the Electricity Generating Authority of Thailand (EGAT) since 16 July 2022. 

BPLC1R project, located in Laem Chabang Industrial Estate in Chonburi province, has entered into 25-year power purchase agreement with EGAT with contracted capacity of 30 megawatts while the remaining capacity is used for supplying electricity and steam to industrial users in Laem Chabang Industrial Estate under the long-term agreements. 

BPLC1R project is the first power plant in the SPP Replacement program that started commercial operation. Under this SPP Replacement program, BGRIM will replace 5 old combinedcycle cogeneration power plants with 5 new projects with a total installed capacity of 700 megawatts. With the higher efficiency from new technology, gas consumption per unit from new power plants is projected to be 15.0% below that from old power plants under this program.