CK Power Public Company Limited (the “Company” or “CKP”) was founded by CH. Karnchang Public Company Limited Group (“CH. Karnchang Group”), registered its incorporation on June 8, 2011, with its registered capital of Baht 1,000,000, and with the objective to become the center of CH. Karnchang Group’s focus on investment in the business of production and distribution of electricity generated from various types of energy sources. The Company registered its conversion into a public company on February 6, 2013, and its ordinary shares were listed as listed securities, and started trading on the Stock Exchange of Thailand (“Stock Exchange”) on July 18, 2013, with its registered capital of Baht 5,500 Million, fully paid-up. On April 10, 2015, the Company registered its capital increase to Baht 9,240 Million. At present, the Company’s registered and paid-up capital amounts to Baht 8,129 Million.

Registered Capital

9,240

Million Baht

Registered and Paid-up Capital Amounts

8,129

Million Baht

The Company currently invests in companies operating the business of production and distribution of electricity in three types of power projects, i.e., hydroelectric power project, cogeneration power project, and solar power project, divided into investment in a total of six subsidiaries and associated companies, as follows:

hydroelectric power project
cogeneration power project
solar power project

Investment in power projects of three subsidiaries, comprising:

Nam Ngum 2 Power Company Limited
46%
Nam Ngum 2 Power Company Limited (“NN2PC”), as the Company’s core company, whose shares are held by the Company representing 46 percent, via SouthEast Asia Energy Limited;
Bangpa-in Cogeneration Limited
65%
Bangpa-in Cogeneration Limited (“BIC”), whose shares are held by the Company representing 65 percent;
Bangkhenchai Company Limited
100%
Bangkhenchai Company Limited (“BKC”), whose shares are held by the Company representing 100 percent.

Investment in power projects of three associated companies, comprising:

Xayaburi Power Company Limited
37.5%
Xayaburi Power Company Limited (“XPCL”), whose shares are held by the Company representing 37.5 percent
Chiangrai Solar Company Limited
30%
Chiangrai Solar Company Limited (“CRS”), whose shares are held by the Company representing 30 percent;
Nakhon Ratchasima Solar Company Limited
30%
Nakhon Ratchasima Solar Company Limited (“NRS”), whose shares are held by the Company representing 30 percent.

The majority of power projects invested by the Company already commenced commercial operations. The project under construction is a solar farm project of BKC for production and distribution of electricity to the private-sector operator, which commenced construction in the third quarter of 2018, with plans to commence commercial distribution of electricity within 2020.