Thachang Green Energy Public Company Limited Approves Dividend for the Year 2023

Thachang Green Energy Public Company Limited is a Thailand-based company, which is engaged in generating and supplying electricity and steam from biomass. The Company operates through two segments: Biomass Power Plant, and Waste Power Plant. Its biomass power plant project consists of three projects under 3 companies namely Tha Chang Green Energy Company Limited (TGE), Thachang Power Green Company Limited (TPG), and Thachang Bio Power Company Limited (TBP). The Company generates electricity from the three biomass power plants projects totaling approximately 29.7 megawatts (MW) are sold to the Provincial Electricity Authority (PEA) under the power purchase agreement (PPA) contract, totaling 20.3 MW, and some of the remaining electricity will be sold to the Company, Tha Chang Palm Oil Industry Co., Ltd. (TCP). It is a biomass power plant project is a small electric power producer with a capacity not exceeding 10 MW.