Electricity Generating Authority of Thailand (EGAT)
We sell a significant portion of the electricity that we generate to EGAT that was created under Independent Power Producer (IPP) and Small Power Producer (SPP) programs. EGAT presently builds, owns and operates several types and sizes of power plants across the country. EGAT also purchases electric power from private power companies and neighboring countries. We sell electricity to EGAT under power purchase agreements (PPAs), which are long-term contracts.