WHA Utilities and Power Public Company Limited (the Company or WHAUP) was established on June 30, 2008. As of 31 December 2019, WHA Industrial Development Public Company Limited (“WHAID”) holds a majority stake of 68.86 percent. The Company’s core business relates to the: (i) utility business, i.e. procurement and distribution of raw water, production and distribution of industrial water and providing wastewater treatment services to operators in industrial estates and industrial lands; and (ii) power business through investment in power generation business, both domestically and abroad.
In addition to the exclusivity rights granted by the WHAID Group’s to operate water business, i.e. business relating to procurement, logistic, production and distribution of raw water, process water and wastewater treatment business in its industrial estates in Thailand, the Company has also obtained the right of first refusal to invest in the natural gas distribution business and waste to energy business in those industrial estates and industrial lands in Thailand for 50 years, starting from 30 March 2016 (as stated in the Strategic Partnership Agreement). WHAID Group and WHA Corporation Public Company Limited Group (“WHA”) have agreed not to compete with the Company in conducting water business and power business in Thailand, Cambodia, Laos, Myanmar and Vietnam (the CLMV countries) for an indefinite term (as stated in the WHA Industrial Development Non-competition Agreement and the WHA Non-competition Agreement).
In relation to the utility business, the Company and WHA Water Company Limited (a subsidiary in which the Company has a stake of 99.99 percent.) are one of the major utilities service providers to companies in Thailand industrial estates. The Company’s aggregate maximum industrial water production capacity in all industrial estates and industrial lands is 294,576 cubic meters per day, with an aggregate maximum wastewater treatment capacity in all industrial estates of 120,456 cubic meters per day.
In 2019, the Company’s and its subsidiaries’ aggregate average distribution quantity of raw water and industrial water in all industrial estates and industrial lands was 71.5 million cubic meters representing 199,084 cubic meters per day that the said quantity included the distribution quantity of demineralized water, which has been distributed since October 2019 and an aggregate average wastewater treatment in all industrial estates and industrial lands was 35.4 million cubic meters per year representing 98,381 cubic meters per day. In addition, the Company also plan to invest utilities business in international. In 2019, the Company’s and its subsidiaries’ aggregate average distribution quantity of other utilities service and invest for utilities business in international was 3.2 million cubic meters per year representing 12,269 cubic meters per day. The Company and its subsidiaries also plan to provide other public utilities to industrial operators both inside and outside industrial estates in the future. The Company has been awarded ISO 9001:2008 for quality standards and IS0 14001:2004 for environmental standards.
In relation to the power business, WHA Energy Company Limited, a subsidiary in which the Company has a stake of 99.99 percent has jointly invested with leading power operators in conventional and Renewable Energy generation businesses, both domestically and abroad. As at 31 December 2019, the Company’s aggregate power generating capacity in proportion to its equity in the commercially operating power plants was 559 MW and in the power plants under construction was at 24.4 MW. In addition, there is a natural gas distribution business, a joint venture between WHA Energy Company Limited and partnership by holding 35 percent as follows the WHA Eastern Seaboard NGD 2 Project at WHA ESIE 2 achieved the commercial operation date on December 2018 and the WHA Eastern Seaboard NGD 4 Project at WHA ESIE 4 achieved the commercial operation date on June 2019.