By 2027, the company has set the capacity expansion goal of total capacity not less than 400 Megawatts. Currently, there is a total installed capacity of 215.58 Megawatts with an estimated annual growth expected to be around 20-30 Megawatts.
The Company distributes 90 Megawatts of electricity To Electricity Generating Authority of Thailand (EGAT) and 32 Megawatts of electricity and steam to Saha Pathana Inter-Holding PCL. for reselling to factories in Saha Group Industrial Park-Sriracha.
The company is operating in power plant business by selling electricity and steam. The first power plant is a combined-cycle power plant using natural gas as the main fuel.
To align with government policy of reducing greenhouse gas emissions and aiming for a net-zero emissions target, the company operates and registered two biomass renewable power plants. Additionally, the certificate (RECs) is prepared to clients seeking to contribute to the country's climate change mitigation efforts and to those needing electricity from renewable sources to reduce greenhouse gas emissions from their power consumption. In 2022, the company completed the delivery of 163,885 Renewable Energy Certificates (RECs).
The Company has a dividend policy to pay out at least 50% of its net profits of the consolidated financial statements attributable to equity holders of the Company in each accounting period. It might occasionally be waived or adjusted if the Board of Directors considers that there are conditions creating the maximum benefit to the shareholders, such as reserves for debt, or funding for business expansion, or serving any needs during the market changes causing adverse impact to the company’s cash flow in the future. Reference to the Articles of Association No. 34, each payout of the dividend is subject to the net profit of the company only. If the company retains loss, the dividend payment is prohibited. Upon approval by the Board of Directors, the annual dividend payout is to be presented to the shareholders ‘meeting for approval. However, the Board of Directors is authorized to pay an interim dividend and report such payout at the next shareholders’ meeting. As a rule, the company shall pay the dividend within one (1) month after the date of shareholders’ approval on the shareholders’ meeting or the Board of Directors’ meeting.
the company received credit rating at “A” with “Stable” from TRIS Rating Co., Ltd. (“TRIS Rating”)
Investors can view information through the website at www.sahacogen.com