Gulf manages a portfolio of gas-fired and renewable power projects that serve both public (The Electricity Generating Authority of Thailand, or EGAT) and private clients in Thailand’s main industrial zones. In addition to electricity, some of our power plants also supply steam and chilled water to private industrial clients. Our efforts to deliver quality products has resulted in customer satisfaction scores currently at 92% and that are consistently higher than the targets we have set. Moreover, we also provide management services to power projects within the group from the development and construction stage to the management stage after commencement of commercial operation. At Gulf, we see opportunities everywhere and turn them into possibilities. We have expanded our business into large-scale infrastructure projects in Thailand to support economic expansion in response to Thailand’s National Strategy.
We are working towards providing energy efficiency solutions and developing energy resources of the future, including biofuels and other renewables. We aim to create and develop high-value resource opportunities by aligning our business strategies through disciplined operational excellence, capital stewardship and cost efficiency. In addition, we plan to grow earnings across the value chain and make targeted investments to lead the industry in returns.
Currently, Gulf has 29 power projects in operation in Thailand and overseas, including 2 gas-fired IPPs, 19 gas-fired SPPs (Cogen), 4 rooftop solar VSPPs and 3 renewables projects (Vietnam and Germany) and 1 biomass SPP.
We have 7 power projects under construction and development, including 4 gas-fired IPPs, 1 captive power plant (Oman), 1 solar project (Vietnam), 1 off-shore wind project (Vietnam), together with 3 infrastructure projects.