PTT Analyst site visit Date : 8 February 2014ptt.listedcompany.com/.../20140208-PTT-analystSiteVisit.pdf2014/02/08  · PTT Analyst site visit Date : 8 February 2014 Type Run-of-river

PTT Analyst site visit

Date : 8 February 2014

Type Run-of-river hydropower

Capacity 1,285 MW

Location Xayaburi, Lao PDR

Offtaker 1,220 MW : 29-yr PPA with EGAT

60 MW : 29-yr PPA with EdL

Project Cost ≈THB 115 billion

YOUR SENSE OF ENERGY

1

Logistic to site 1) BKK - Vientiane (by plane),

Vientiane-Xayaburi (by plane)

2) BKK – Luangphabang (by plane),

Luangphabang – Xayaburi (by car~ 120 km, 3 hr)

3) BKK – Loei (by plane),

Loei – Xayaburi (by car, ~60 + 200 km, 1+3.5 hr)

XAYABURI HPP

Loei

Luang Prabang

Vientiane

Xayaburi

บ้านนาหลา บ้านตาลาน

โครงการ

เมืองไซยะบรีุ

2

GPSC

EGCO NSC

XPCL

100%

25.0%

CK EdL P.T

30% 20% 5%

Laos Thai

12.5%

BECL

7.5%

• Ch. Karnchang Public Company Limited (CK) 30 % • Natee Synergy Company Limited (PTTI) 25 % • Electricity Generating Public Company Limited (EGCO) 12.5 % • Bangkok Expressway Public Company Limited (BECL) 7.5 % • P.T. Construction and Irrigation Company Limited (PT) 5 % • Electricite du Laos (EdL) 20 %

PTT

PTT

Global

Chemical

Thaioil Thaioil

Power

3

XPCL EGAT

EdL

EPC

(CK-Lao)

P1 (Civil) P2 (Hydromechanical)

Whessoe

P3 (Electromechanical)

Andritz P4 (Transmission)

GoL

Lenders (KTB, BBL, SCB, KBANK,

Thailand EXIM, TISCO)

Project Developers

Lender’s Engineer

(POYRY)

Owner Engineer

(SEAN)

Lender’s legal advisor

EIA

(TEAM)

CA

PPA

PPA

SHA

CFA

GoL’s Engineer

(POYRY)

EMP & RAP

(PT & TEAM)

Designer

(Colenco & TEAM)

EMP - Environment Manage Plan

RAP - Resettlement Action Plan

4

Main Contractor : Ch. Karnchang (Lao) Company Limited

Type of contract : EPC Turnkey Lump Sum Contract

Comprised of main 4 packages

1) Civil Works : Ch. Karnchang (Lao) Company Limited

2) Hydro-Mechanic : Whessoe (Malaysia) [Navigation lock gate, spillway gate, etc]

3) Electro-Mechanic : Andritz (Austria) [Turbines, Generators, 500kV & 115kV

substation, Control system, etc]

4) Transmission line : Cerieco (China)

5

- Project Development Agreement signed : 25 November 2008

- Tariff MOU with EGAT signed : 5 July 2010

- EPC Contract signed : 14 Oct 2011

- Concession Agreement signed : 29 Oct 2011

- EGAT PPA signed : 29 Oct 2011

- Credit Facilities Agreement signed : 31 Oct 2011

- Notice to Proceed : 15 Mar 2012

- 1st drawdown : 12 Apr 2012

- COD : 29 Oct 2019

6

7

Vientiane

Luangphabang

0 100 200 KM

Khon Kaen 4

Loei 2 (A.Tha Li)

XAYABURI HPP

by project

by EGAT

8

9

Environment Management Program (EMP)

– Water quality monitoring program

– Public Health Management

– Fish Biomass and Fish Migration program

Resettlement Action Plan (RAP)

– Resettlement work

– Survey on Income generation

– Livelihood Restoration Program (LRP)

– Community Development Program (CDP)

10

Social Issues

- Navigation Navigation Lock

Environmental Issues

- Sediment transfer Low level outlet spillway

- Fish migration Fish passing facilities Fishery program

11

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