Governance Policy
The beginning of PEA ENCOM
PEA ENCOM was established according to the Cabinet resolution on December 4, 2007, but the real origin The registration of the company was on October 14, 2009, in which the Provincial Electricity Authority is a 100% shareholder. set to operate an energy investment business electricity both domestically and internationally Including training on electrical systems, which in the past PEA ENCOM has always operated business in that way. by the business line between the company and Provincial Electricity Authority is a business. Non-Regulated, will be operated by PEA ENCOM. As for the business that is Regulated in terms of buying and selling electricity, it will be operated by the Provincial Electricity Authority. as usual
What is the core business and expertise of the company?
The fact that PEA ENCOM's main business may not be able to tell clearly because in the future PEA ENCOM will be a Holding Company. Therefore, all of the above-mentioned businesses are now in the status of a Business Unit that if any business has a tendency to grow well, it will split. Being a subsidiary, one step further, however, PEA ENCOM's expertise also includes that capability.
What direction will the company's management approach or investment goals focus on this year?
For investment goals would stick to the original plan that asked for the framework already invested in the Provincial Electricity Authority However, the first focus will be on investment in pending projects, whether biomass power plant and power plants from waste The second focus will accelerate the expansion of investment in Solar Rooftop to gain more market share. And the third focus will accelerate the search for new business investment opportunities to create more diversification.
From all the above mentioned businesses It may look very diversified, but in the real business world, PEA ENCOM has to look for other business opportunities in order to support the PEA's strategy in the future. Whether it is a joint investment with Energy Storage business, PV Panel business, or various electrical equipment business, etc.
What is Khemmarat's working principle?
Having said that, being at PEA ENCOM was a fun challenge. I believe that there are many business investment opportunities, which the big principle that I look at is that some issues we have to take risk because of trying. Businesses go first to gain a speed advantage. and of course the risk side would have to look at each other according to the theory but must not make it Obstacles that do not start doing anything.
What is the status of the company?
PEA ENCOM Company has been profitable for 3 consecutive years, which in 2017 had a profit of about 48 million baht, which actually must be considered not high. As new businesses have just really invested in the period of 1 to 2 years, so returns will appear in the 2nd to 3rd years. PEA ENCOM has a plan to invest until 2021, totaling over 5,000 million baht, which will generate income and profit.
Khemmarat Sartpreecha and the challenging mission of PEA ENCOM
To allow the Provincial Electricity Authority to be able to take care of electricity users more comprehensively in all sectors Therefore, a subsidiary company was established in the name of "PEA ENCOM International Co., Ltd." (PEA ENCOM International)", which operates both in relation to and independently of the parent organization. Some people therefore wonder what business this company does. How is it related to the Provincial Electricity Authority? Of course, the best answer to these questions was Mr. Khemrat Sartpreecha, Acting President. which he said that working at this place is A really fun challengeWhat is the current business of the company?
In the era when the company was founded The management has assigned PEA ENCOM to jointly invest in Solar Farm which is the first business that generates income from being a producer of electricity from sunlight. Next is the distribution business. LED energy-saving lamps under the product name PEA ENCOM. PEA ENCOM cooperates with the manufacturer to market it, which is in line with the next business mission of energy conservation, which is Business to install energy-saving equipment, such as replacing old lamps It's an energy-saving lamp. or change the air conditioner to have higher efficiency, etc., including being a consultant in the field of work engineering and maintenance work as well.
In addition, PEA ENCOM also conducts training business both domestically and internationally, which recently received a mission from the Provincial Electricity Authority. To be a course organizer and certification of practical training standards Transmission line work on all poles of the Provincial Electricity Authority. For the solar rooftop market that is in a period of growth, PEA ENCOM has built such businesses in the past 2-3 years as one of the investors and installers. business sector, industry, including various government agencies, which in the past were considered very successful
For foreign investment It is one of the businesses that PEA ENCOM has always been interested in and seeking opportunities for. It is expected to be able to develop projects and have joint investments in electric power in neighborhood of neighboring countries this year
PEA ENCOM and the PEA, how are they connected?
In principle, PEA ENCOM is still a state enterprise in the form of a limited company and a subsidiary of the Provincial Electricity Authority. Therefore, the connection between each other will be clearly regulated. Since the establishment of the Board of Directors Appointment of the President Proposal of the capital increase budget including setting up evaluation criteria annual action. In the past, PEA ENCOM's investments in significant matters must be submitted for approval to the Provincial Electricity Authority every time.
In addition, the connection with the PEA also includes a strategic partnership, for example, the context or external environment of the PEA has changed a lot. whether it is a new technology that affects the operation or more diverse behavior and choices of electricity users These impacts are both obstacles and opportunities for the Provincial Electricity Authority that need long-term strategic adjustments. From the original business of purchasing electricity and managing it to sell to customers. may not be enough for business which new business opportunities The Provincial Electricity Authority will use PEA ENCOM to operate and generate income for sustainability.