228
Annual Report
2013
5.1O&M Agreement for Nam Ngum 2
Hydroelectric Power Plant
RATCH-Lao Services Co., Ltd. signed
agreement to provide operation
and maintenance services to
Nam Ngum 2 Hydroelectric Power
Plant and dam including building and
facility maintenance and management
service.
In 2013, service income is Baht
122.00 million
As at 31 Dec 2013, related trade
account receivable is Baht 10.17
million
Nam Ngum 2 Power
Co., Ltd.
(agreement signed
on 25 Jun 2009)
RATCH-Lao Services Co., Ltd.
p r o v i de s ope r a t i on a nd
ma i n t enance se r v i ce f o r
the power plant and dam,
including building and facility
and management service for
27 years. Service charge for the
operational phase (1 Nov 2010
until the end of the concession
period) will be increased 3%
per annum, which is normal
business practice.
122.00
5.2Subcontract O&M Agreement for
the Nam Ngum 2 Hydroelectric
Power Plant
RATCH-Lao Services Co., Ltd. signed a
subcontract agreement with EGAT
to provide operation and maintenance
service to Nam Ngum 2 Hydroelectric
Power Plant and dam.
In 2013, total service is Baht 75.32
million
As at 31 Dec 2013, related trade
account payable is Baht 6.28 million
EGAT
(agreement signed
on 26 Jun 2008)
RATCH-Lao Services Co., Ltd.
does not have employees with
this skillwhileEGAThas specialists
in this area. RATCH-Lao Services
Co., Ltd., therefore, signed the
subcontract agreement with
EGAT for the operation phase (1
Nov 2010 until the end of the
concession period) service fee
is charged and is increased at
3% per annum, which is normal
business practice.
75.32
5. RATCH-Lao Services Co., Ltd.
Connected Transactions
Related Parties
Value
(Million baht)
Necessities
and Reasons
