JONKOL ENGINEERING GENERAL CO., LTD joncol He revealed that the company submitted a proposal in accordance with the announcement of purchasing electricity in accordance with the controls for purchasing electricity from renewable energy in the form of feed-in tariff (FiT) for the years 2022 – 2030 for groups that do not have fuel costs to the Energy Regulatory Authority (ERC). The company was selected based on the Energy Regulatory Authority’s announcement regarding a list Electricity production applicants who have been selected according to the regulations of the Energy Regulatory Authority. Regarding the purchase of electricity from renewable energy with the feed-in tariff (FiT) for the years 2022 – 2030 for groups that do not have fuel costs, Resolution B.H. 2022 dated April 5, 2023 (announcement)
Most recently, on December 20, 2023, the company’s group companies directly own shares through Gunkul Solar Powergen Co., Ltd. and Gunkul One Energy 2 Co., Ltd. and Gunkul One Energy 9 Co., Ltd. By 100 percent, it has concluded a power purchase agreement (PPA) with the Electricity Generating Authority for a period of 25 years for a total of 8 projects for ground-based solar power plants (solar farms) with a total contracted electricity generation capacity of 429.6 megawatts, and it is scheduled to open for commercial operation between 2026 – 2030.
This is when the aforementioned project will be able to open commercial operation as scheduled. This will increase the company’s total contracted power generation capacity to 1,045.15 MW from the original 615.55 MW, representing an increase of 70%. Details of each project include the following:
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