Gulf NPM Company Limited, a subsidiary of Gulf Energy Development Public Company Limited or GULF and the operator of Gulf NPM power project (GNPM), commenced the sale of electricity to the Electricity Generating Authority of Thailand (EGAT) on March 1, 2019 under the Small Power Producer (SPP) program.

The GNPM power project is located adjacent to the GNK2 power project in the WHA Saraburi Industrial Land, Saraburi province, with an installed power generation capacity of 135.2 megawatts and an installed steam generation capacity of 25.0 tons per hour. GNPM will supply a contracted power generation capacity of 90.0 megawatts to EGAT pursuant to a 25-year power purchase agreement and will supply the remaining power and steam generation capacity to industrial users through secured long-term contracts.

The GNPM power project is the tenth gas-fired SPP completed under Gulf MP Company Limited (GMP), which will develop 12 power projects with a combined installed power generation capacity of 1,563.4 megawatts and a combined installed steam generation capacity of 225.0 tons per hour. The remaining two SPPs are currently under construction and are expected to successively commence commercial operations as scheduled between May and July 2019.