WHAUP Won the Bidding of 5 FiT Renewable Energy Power Plants with the Capacity of 125 MW

Bangkok – WHA Utilities and Power Plc (“WHAUP”) won the bidding of renewable energy power plants with a Feed-in Tariff (FiT) scheme in Phase 1, which will comprise five solar power projects, having the total installed capacity of 125.4 MW equity.

Mr. Somkiat Masunthasuwun, Chief Executive Officer of WHA Utilities and Power Plc (“WHAUP”), revealed that the company was selected by the Energy Regulatory Commission (ERC) to get rights to develop solar power projects with a Feed-in Tariff scheme in Phase 1. This is for five solar farms with the installed capacity totaling 125.4 MW, based on the proportion to equity, including three WHAUP’s wholly owned projects with the 59.8 MW capacity, and two joint venture projects, which will generate electricity at the capacity of 65.6 MW equity.

Among the five projects awarded by ERC, Mr. Somkiat added that four are normal solar farms and another is a solar farm with the Battery Energy Storage System (BESS). They are located in different locations in Ubon Ratchathani, Buriram, Ratchaburi, and Kanchanaburi provinces, and scheduled to start commercial operations (CODs) during 2029-2030.

The new investment in renewable-energy power plants reinforces the company’s determination in expanding the power and utilities businesses in various formats in Thailand and overseas. This will eventually build growth and strength for WHAUP business with the utilization of innovative solutions to develop products and services that cater to the needs of all target groups, including customers, communities, and society. This plan is in line with the company's aim to run its business in a sustainable and steady manner, with a focus on environmental responsibility, social impact, and good governance.