{"id":1511,"date":"2016-01-21T05:43:05","date_gmt":"2016-01-21T05:43:05","guid":{"rendered":"http:\/\/ifreedom.wwwss16.a2hosted.com\/travelthaiculture.com\/?p=1511"},"modified":"2016-01-21T05:58:11","modified_gmt":"2016-01-21T05:58:11","slug":"iec-exerting-a-full-forte-upon-the-alternative-energy-expanding-the-incineration-power-plant-in-expectation-of-annual-income-of-more-than-thai-baht-1-7bn-this-year-2016","status":"publish","type":"post","link":"https:\/\/laofree.com\/?p=1511","title":{"rendered":"\u201cIEC\u201d Exerting A Full Forte Upon The Alternative Energy: Expanding the Incineration Power Plant in Expectation of Annual Income of More than Thai Baht 1.7bn This Year (2016)"},"content":{"rendered":"

\u201cIEC\u201d
\nExerting A Full Forte Upon The Alternative Energy: Expanding the Incineration Power Plant
\nin Expectation of Annual Income of More than Thai Baht 1.7bn This Year (2016)
\n <\/strong><\/p>\n

\u201cIEC\u201d, the prominent leader in the renewable energy field, is unflinchingly encroaching upon the market. Following the takeover of an incineration plant in Phuket province worth more than Thai Baht 2.5 billion, the company has teamed up with \u201cYunnan water Investment Co., Ltd.\u201d in their joint venture in the incineration power plant business operation, thus securing in the process its paramount status as a true major figure in the renewable energy field whilst taking a stronghold in the manufacturing of the waste plastic recycling industry, having undertaken 11 projects in total, as well as providing the warm welcome to a brand-new management team. It is estimated that \u201cIEC\u201d will have witnessed the corporate income incurring over Thai Baht 1,700,000,000 (1.7bn) by the end of 2016.<\/p>\n

\"42ba7117-e6ca-4df1-a2ed-2fc52c9aeae5\"<\/a><\/p>\n

Dr. Bhoosana Preemanoj, Chairman of the International Engineering Public Company Limited (IEC), has revealed that, signifying the leading figure in the renewable energy field, the company has remained industrious at work with myriads of contributions to its name in terms of solar power plant, incineration power plant and biomass power plant whilst simultaneously participating in IT and communication for a lengthy period of time. The company has recently taken part in a joint venture in the incineration power plant business operation with GiDEC Co., Ltd., and established the community incineration power plant with the electricity power currently amounting to 4.3 megawatts; the level of output is expected to be in surge to 5.8 megawatts by the end of January this year. In fact, the company (IEC) is the first to have introduced the use of Ash-Melting Gasification technology, which is a state-of-art paradigm of advancement from Finland and the United Kingdom.<\/p>\n

With the advanced technology that proves environment-friendly whilst producing an incrementally high output which sees no ends, doubtless, the IEC incineration power plant has become the talk of the town and, therefore, incessantly drawn an elite pool of investment bodies and institutes. Having taken into account a series of variables with great care, IEC opted to work with Yunnan Water Investment Public Co., Ltd. in their joint investment, the signing of whose contract has been produced on January 7, 2016.<\/p>\n

\"5ed6f847-bbd2-4b60-b430-8d7966185481\"<\/a><\/p>\n

Registering in Hong Kong Stock Exchange, Yunnan Water Investment Public Co., Ltd., has two major shareholders, which are \u201cYunnan Metropolitan Construction Investment Group\u201d and \u201cBeijing Origin Water\u201d, both being state enterprises in China. In taking to Thailand\u2019s domestic incineration power-plant battlefield, the month of November last year (2015) witnessed the takeover of one certain incineration power plant in Phuket, Thailand, carried out by Yunnan Water Investment Public Co., Ltd., for more than Thai Baht 2,500,000,000 (2.5bn) or US$ 70,000,000 (70M).<\/p>\n

At present, IEC is operating seven projects in total that have already generated income in the process. These include Mae Tha Solar Power Plant \u201c1, 2\u201d, Lamphun province, with its output of 2.638 MW. The project, lasting 25 years in full, is to garner governmental supports in terms of the adder worth Thai Baht 6.50 per kWh for 10-year period of time. Next comes Mae Malai Solar Power Plant, Chiang Mai province, generates the output of 2.379 MW, with the purchasing electricity power amounting to 1.92 MW. The project, which lasts 25 years in full, is to obtain governmental supports in terms of the adder worth Thai Baht 8.00 per kWh for 10-year period of time. Mae Ramat Solar Power Plant, Tak province, generates the output of 6.3 MW, with the purchasing electricity power amounting to 5.25 MW. The project, which lasts 25 years in full, is to obtain governmental supports in terms of the adder worth Thai Baht 6.50 per kWh for 10-year period of time.<\/p>\n

\"5f85163e-01fd-4de2-b5a8-b6f4f5067599\"<\/a><\/p>\n

IEC Green Energy project specializes in waste material and garbage management, the front section of which is comprised of intricacies thus commencing from the shredding system through to the rotary dryer. There exists also the one-stop full service of waste material and garbage management system by which more than 2,000 liters of bio-extracts are produced every 15 days.<\/p>\n

In addition, there is GiDEC Power Plant, which is derived from the company\u2019s joint venture with EGCO, with the output capacity amounting to 6.7 MW. The project is located in Hat Yai, Songkhla province. Biogas Power Plant, Kamphaeng Phet province, which produces biomass feed stocks accounting for 60,000 cubic-meters per day, thus rendering it sufficient to generate the output of 6MW per hour in return. Biogas Power Plant, Suphan Buri province, witnesses the production of vinasse, which is a byproduct of the sugar industry obtained in the wake of the removal of the desired product, e.g. alcohol, ascorbic acid, etc. Ethanol Project, Rayong province, signifies the venue in which ethanol products are manufactured in the name of IEC Business Partners Co., Ltd., with the output capacity reaching the level of 170,000 liters per day.<\/p>\n

\"078f7454-2fe6-4a6d-943b-5b9eb88119d9\"<\/a>
\n Biomass Power Plant 1, Sa Kaeo province, witnesses the output capacity amounting to 9.9 MW in its manufacturing. The Waste Plastic Recycling Project, Rayong province, stands firm with its daily capacity of at least 120 tons all dedicated to the benefits of exportation. Likewise, the Waste Plastic Recycling Project, Hat Yai, enjoys its daily capacity of at least 60 tons.<\/p>\n

Dr. Bhoosana has continued that, in addition to the aforementioned projects, there are four more in the process of implementation, all of which are expected to realize income in 2016 (this year), including O-Gas Power Plant (Kamphaeng Phet province), with its output of 5.25 MW, O-Gas Power Plant (Suphan Buri province), with its output of 10.6 MW, the Second Biomass Power Plant Sa Kaeo Province, which enjoys the output capacity of 8 MW, with its seven-year contract with PEA, as well as the Waste Plastic Recycling for Export Project, Hat Yai, which generates the output amounting to 60 tons. Taking into account all fundamental factors, the estimation should reveal the corporate worth accounting for more than Thai Baht 7,000,000,000 (7bn).<\/p>\n

\"3c42264d-5574-48da-8361-c4b235a24806\"<\/a><\/p>\n

\u201cIn year 2016, \u2018IEC\u2019 remains resolute in striving to become the best in the renewable energy field. We plan to continue our investments in biomass power plant projects in Suphan Buri, Kanchanaburi and Kamphaeng Phet, the waste plastic recycling project in Hat Yai, Songkhla, myriads of refuse-derived fuel projects such as in Chonburi, Phattalung and Songkhla. Thanks to the joint venture with Yunnan Water Investment Public Co., Ltd., we are highly confident that it would yield great benefits to us as a company in terms of alleviating the burdens of loaning with financial institutes. In addition, IEC is expected to generate income of Thai Baht 1,700,000,000 (1.7bn) in 2016; the company\u2019s growth rate in the next 5 years should read at not less than 20-25{1e9df3ff221fec67f2b46c55bd82e9961ae187e1b606f79864c8b507548386d0} per annum. Next year, i.e. 2017, is expected to witness the company\u2019s income amounting to Thai Baht 2,210,000,000 (2.210bn); furthermore, the year after next, i.e. 2018, is expected to witness the company\u2019s income amounting to Thai Baht 2,542,000,000 (2.542bn); year 2019 should realize the income of Thai Baht 3,051,000,000 (3.051bn); and last but not least, in year 2020, the corporate income is expected to reach Thai Baht 3,661,000,000 (3.661bn), respectively,\u201d concluded Dr. Bhoosana. <\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cIEC\u201d Exerting A Full Forte Upon The Alternative Energy: Expanding the Incineration Power Plant in Expectation of Annual Income of More than Thai Baht 1.7bn This Year (2016) \u201cIEC\u201d, the prominent leader in the renewable energy field, is unflinchingly encroaching upon the market. Following the takeover of an incineration plant in Phuket province worth more […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-1511","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/laofree.com\/index.php?rest_route=\/wp\/v2\/posts\/1511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/laofree.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/laofree.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/laofree.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/laofree.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1511"}],"version-history":[{"count":3,"href":"https:\/\/laofree.com\/index.php?rest_route=\/wp\/v2\/posts\/1511\/revisions"}],"predecessor-version":[{"id":1519,"href":"https:\/\/laofree.com\/index.php?rest_route=\/wp\/v2\/posts\/1511\/revisions\/1519"}],"wp:attachment":[{"href":"https:\/\/laofree.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/laofree.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/laofree.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}