Milestones

  • 2008

    June 2008

    The Company was established on June 30, 2008 under the name of Hemaraj Clean Water Company Limited with a registered capital of THB645 million to produce and distribute industrial water for use in industrial estates owned by HRD.


    July 2008

    The Company entered into the Right Lease Agreement with HRD and its subsidiaries to produce and distribute industrial water for use in four industrial estates owned by HRD, namely HCIE, HEIE, ESIE and HESIE, with an aggregate industrial water production capacity of 121,200 cubic meters per day.

    The Company acquired 99.99 per cent. of shares in WHA Water Company Limited. WHA Water Company Limited has a registered capital of THB100 million and produces and distributes clarified water in HEIE having an aggregate clarified water production capacity of 43,200 cubic meters per day and wastewater treatment capacity of 30,000 cubic meters per day.

  • 2011

    March 2011

    WHA Energy Company Limited, a subsidiary of the Company, was incorporated on March 2, 2011 under the name of Hemaraj Energy Company Limited with a registered capital of THB100 million and was formed to invest in other companies engaging in power business. The Company holds 99.99 per cent. of shares in WHA Energy Company Limited.


    June 2011

    WHA Energy Company Limited, the Company’s subsidiary and the Glow Group entered into a joint venture to invest in Glow Hemaraj Wind Company Limited (GHW), in which WHA Energy Company Limited holds 51.00 per cent. of its shares. This joint venture company was set up to carry out a feasibility study on the establishment of a wind power plant.

  • 2012

    March 2012

    WHA Energy Company Limited, the Company’s subsidiary and Gulf JP Company Limited entered into a joint venture to invest in Gulf JP NLL Company Limited, in which WHA Energy Company Limited holds 25.01 per cent. of its shares. The joint venture company was established to develop Gulf JP NLL SPP project of in HRIL which has a contracted power generating capacity of 122.5MW.

    WHA Water Company Limited, a subsidiary of the Company, increased its clarified water production capacity in HEIE from 43,200 cubic meters per day to 86,400 cubic meters per day.


    November 2012

    The Company increased its industrial water production capacity in HESIE from 12,000 cubic meters per day to 30,000 cubic meters per day./p>

  • 2013

    April 2013

    The Company increased its industrial water production capacity in ESIE from 36,000 cubic meters per day to 48,000 cubic meters per day.

  • 2014

    August 2014

    The Company was assigned from HRD for the production and distribution of industrial water in HCIE2. Its production capacity is 6,000 cubic meters per day.

  • 2015

    January 2015

    The Company increased its industrial water production capacity in HESIE from 30,000 cubic meters per day to 54,000 cubic meters per day.


    February 2015

    WHA Energy Company Limited and the B.Grimm Power Group founded a joint venture company named B.Grimm Power (WHA) 1 Company Limited, in which WHA Energy Company Limited holds 25.01 per cent. of its shares. The joint venture company was set up to develop SPP in HCIE having a contracted generating capacity of 121 MW.


    March 2015

    WHA Energy Company Limited and Gulf MP Company Limited entered into a joint venture in five SPPs named GVTP, GTS1, GTS2, GTS3 and GTS4, respectively, in each of which WHA Energy Company Limited holds 25.01 per cent. of their respective shares. These power plants have a contracted power generating capacity of 640 MW.

  • 2016

    March 2016

    On March 30, 2016, the Company and the Hemaraj Group signed the Strategic Partnership Agreement and the Right Lease Agreements for the production and distribution of industrial water and the operation of wastewater treatment services in seven current projects namely HEIE, HCIE, HCIE2, HESIE, HESIE2, HSIL and HRIL. The lease term is 50 years from the signing date.

    The Company increased its registered capital from THB 645 million to THB 1,645 million for payment for the right lease for the production and distribution of industrial water and the operation of wastewater treatment services in seven current industrial estate projects of the Hemaraj Group.


    May 2016

    WHA Energy Company Limited accepted a transfer of 100 per cent. of the shares in WHA Energy 2 Company Limited from the Hemaraj Group. WHA Energy 2 Company Limited is a holding company, holding shares in the power companies Gheco-I Company Limited (Gheco-I), Houay Ho Thai Company Limited (HHT) (having a stake of 25 per cent. In Houay Ho Power Company Limited (HHP) and Glow IPP Company Limited (Glow IPP).

    The Company increased its registered capital from THB 1,645 million to THB 3,200 million to finance its acquisition of all of the shares in WHA Energy 2 Company Limited.


    June 2016

    WHA Energy Company Limited accepted a transfer of 74.99 per cent. of each of the total shares of 11 solar rooftop power companies, which are WHA Gunkul 1-6, 8-10, 16 and 17, from the WHA Group.


    July 2016

    The Company set up Chonburi Clean Energy Company Limited to bid for a contract to sell electricity generated from industrial waste.

    On July 21, 2016, the Company’s shareholders, during extraordinary general meeting No. 3/2016, resolved to approve the following matters: (i) the Company’s conversion into a public limited company named WHA Utilities and Power Public Company Limited, (ii) the change in par value of THB 5 per share, and (iii) the capital increase from THB 3,200 million to THB 3,825 million by issuing 125 million ordinary shares with a par value of THB 5 each for an initial public offering. The Company’s conversion into a public limited company was registered with the Ministry of Commerce on August 10, 2016.

    On July 29, 2016, the Company and the Hemaraj entered into the Hemaraj Non-competition Agreement to define their framework of cooperation to prevent competition with each other. Also included in that agreement are guidelines to reduce possible conflicts of interest which may arise in the future.

    On July 29, 2016, the Company and WHA Corporation Public Company Limited (WHA) entered into the WHA Non-competition Agreement to define their non-competition agreement which covers the core businesses in Thailand and the CLMV countries.


    August 2016

    WHA Energy Company Limited acquired a stake of 33.33 per cent. in Eastern Seaboard Clean Energy Company Limited (ESCE). ESCE will hold all the shares of Chonburi Clean Energy Company Limited and Rayong Clean Energy Company Limited, in order to participate in a special bid to sell electricity generated from industrial waste.

    On August 29, 2016, the Company’s board approved the sale of all the shares of GHW to ESCE.


    September 2016

    GHW restructured its shareholding and results in ESCE holding 100 per cent. of GHW shares.


    December 2016

    WHA Energy Company Limited, the Company’s subsidiary, has a joint investment with Gulf MP Company Limited in one SPP, by holding equity of 25.01 in Gulf NLL2 Company Limited having a contracted power generating capacity of 120 MW.


  • 2017

    March 2017

    Chonburi Clean Energy (CCE), a joint venture company established by Glow Group, SUEZ and the Company, has signed a Power Purchase Agreement (PPA) with the Provincial Electricity Authority (PEA) for the 8.63 MW industrial-waste-to-energy power plant, located in the Hemaraj Chonburi Industrial Estate, Chonburi Province with a contracted capacity of 6.90 MW


    April 2017

    The Company listed shares on the Stock Exchange of Thailand with registered capital of 3,825,000,000 Baht


    July 2017

    The Extraordinary General Meeting on 30 June, 2017 approved the changing of par value from 5 Baht to 1 Baht and the company ‘shares had been traded with the new par value starting from July 13, 2017.


    August 2017

    The Company issued 4,000 million of bond issuance to refinance existing bank loan to reduce finance cost.


    October 2017

    The Company obtained right to develop the distribution and retail trade of natural gas projects from Hemaraj Land And Development Public Company Limited. The Company acquired 2,499,000 shares of Gulf WHA MT Natural Gas Distribution Co.,Ltd from Hemaraj or 51% of total shares.