17 March 1997 Independent Power (Thailand) Company Limited enters into the Gas Sales Agreement with the Petroleum Authority of Thailand for the supply of 120 million cubic feet per day of natural gas for a period of 25 years as fuel for the company's combined cycle power plant.

13 February 1997

Independent Power (Thailand) Company Limited enters into the Power Purchase Agreement with EGAT, as well as Financing Facility Agreements for 5,170 million baht and 176 million US dollars with 12 domestic and international financial institutions to finace the construction of the 700 MW combined cycle power plant and the new transmission facilities.

28 October 1996 Thaioil Power Company Limited (a company wholly-owned by Thaioil), Unocal Asia-Pacific Ventures Ltd., and Westinghouse Electric S.A. enter into a joint venture agreement to establish Independent Power (Thailand) Company Limited for the purpose of generating and selling electrical power to EGAT under the IPP programme, Phase 1, stage 1, for the eastern corridor.

11 October 1996 Mr. Bhisit Anantasanta, Deputy Governor Transmission System Business, EGAT, Initials the Power Purchase Agreement with the consortium of Thai Oil Company Limited. , Unocal Asia Pacific Ventures, Ltd., and Westinghouse Electric S.A. The Agreement covers the purchase and sale of electrical power generated by the IPP project run by the consortium.

30 June 1995

The consortium of Thai Oil Company Limited, Unocal International Corporation and Westinghouse Electric S.A submits a bid for a 700 MW power plant under EGAT's IPP programe.


 






P R O F I L E S

A Company of TOP Group

 



Indepentent Power (Thailand) Company Limited
42/3 Moo1, Sukhumvit Rd. k.m.124, Tungsukla, Sriracha, Chonburi 20230, Thailand.
Tel +66-3840-7407, +66-3835-1155 Fax +66-3835-2092 PO.Box 57 Au Udom