Draft: Section1 Seat5 UTT Power Plant

UTT PowerPlant
Miss Nittaya
Narares
5331203052
Miss Nipanan
Noonnak
5331203054
Miss Piraya
Nujplien
5331203077
Miss Patsanee
Tongdee
5331203084
Miss Wanrath
Kosonnirathtiwong
5331203111
Miss Warunee
Kaenkaew
5331203112
Miss Russarin
Passaveedilokpath
5331203117
Miss Sarita
Kettrakul
5331203130
Project Feasibility Study and Evaluation 2012
School of Management
Mae Fah Luang University
Part I Introduction
Chapter 1
Introduction
Biomass Power Plant

Chapter 1: introduction
1.1
Background and significance of the project

Electric energy is vital things to the economy system, human activities. It is important
factors that effect to the progressive of the world. Also, Energy is a universal product that
trading around the world. However, finding the power supply and energy use are requiring
investing a lot. At now, in Thailand has rate of electricity consume increase rapidly in the
same time in our country has electric energy do not sufficiency for demand of population in
country. So, Thailand has to import electric energy from neighborhood countries in particular
of peak period that used by population. The electric energy that imported from Laos,
Malaysia, and Cambodian which impact to cost of electricity in Thailand are expensive.
Moreover, Thai government supported private company to construct the electricity-factory
for meet to sufficiency demand of population. Electricity Generating Authority of Thailand
said that In 2013, Thailand face to lack of reserve electric problem which it can effect to
stability of energy in Thailand. According to Suthasana said that In 2012, have trend to use
electricity grow up to 8% but even estimated will increase 4-5 %. Therefore, Electricity
Generating Authority of Thailand supports private company to invest in electricity factory.
(http://www.egat.co.th/images/stories/annual/reports/2554/annual2011_eng_p86.pdf)
Thailand has extensive agriculture made with remaining materials from agriculture
such as chaff, molasses. So, biomass electricity uses remaining raw materials from other
agriculture as a fuel to produce electricity commercially. The foundation of biomass
electricity factory cause does not accept the electric coal and nuclear more in Thailand. That
increase in natural gas more. Because has the material is fuel already that supporting in
biomass electricity factory more useful in this country. In addition to use the fuel in owner
country that reduces buying from another country.
Source: http://www.egat.co.th/images/stories/annual/reports/2554/annual2011_eng_p86.pdf
Source: Electricity Generating Authority of Thailand 2012
Figure: shown the peak period that most used in electric energy per days.
Source: http://www.eppo.go.th/power/power2554.pdf
Source :
Electricity Generating Authority of Thailand 2012
Cost of produce electric energy

Cost per unit
Baht per Kwh*
Solar energy
12.5
Wind wheel
5.2
Garbage
3-5
Biomass
3-3.5
Nuclear
2.79
Coal
2.94
Gas Existing
3.96
Marginal Gas
4.34
Source: Electricity Generating Authority of Thailand 2
Compare labor cost
Minimum Wage (Baht)
Province
300
Bangkok,
Nakorn
Pathom,
Nonthaburi,
Pathum Thani, Phuket, Samut Prakarn, and

Samut Sakorn
273
Chonburi
269
Chachoengsao and Saraburi
265
Phranakorn Sri Ayuddhaya
264
Rayong
259
Phang Nga
258
Ranong
255
Nakorn Ratchasima and Prajeenburi
254
Lopburi
252
Kanjanaburi
251
Chiangmai and Ratchaburi
250
Chanthaburi and Petchburi
246
Songkhla and Singburi
244
Trang
243
Nakornsrithammarat and Ang Thong
241
Chumpon,
Patthalung,
Loei,
Satun
and
Srakaew
240
Prajuabkirikhan, Yala, Samut Songkram and

Surat Thani
239
Narathiwat,
Udon
Thani
and
Ubon
Ratchathani
237
Nakorn Nayok and Pattani
236
Trad, Buengkal, Lampoon and Nong Khai
234
Kamphaengpetch and Uthai Thani
233
Kalasin, KhonKaen, Chainart and SuphanBuri
232
Chiangrai,
Nakorn
Sawan,
Buriram,
Petchaboon, Yasothorn, Roi-ed and Sakon

Nakorn
230
Chaiyaphoom,
Mukdaharn,
Lampang,
Sukothai and Nongbualampoo

229
Nakorn Panom
227
Pichit, Phitsanulok, Phrae, Mahasarakham,

Mae Hong Son, Amnartcharoen and Utraradit
226
Tak and Surin
225
Nan
223
Srisaket
222
Phayao
Source: Ministry of labor in Thailand, April 2012
Number of sugar industry in North.
Name Sugar Industry
Province
THIP SUGAR KAMPANGPETCH
Lampang
THIP SUKOHAI SUGAR INDUSTRY
Sukothai
THAI IDENTITY SUGAR INDUSTRY
Uttaradit
UTTARADIT SUGAR INDUSTRY
Uttaradit
PHITSANULOK SUGAR INDUSTRY
Phitsanulok
KAMPHAENGPETCH SUGAR INDUSTRY
Kamphaengpetch
NAKHONPETCH SUGAR INDUSTRY
Kamphaengpetch
RUAMPHOL NAKHONSAWAN SUGAR INDUSTRY
Nakorn Sawan
KASET THAI INDUSTRY SUGAR INDUSTRY
Nakorn Sawan
THAI ROONG RUANG SUGAR INDUSTRY
Petchaboon
Source: Office of the Cane and Sugar Board
Location of Biomass Power Plant

We have two alternative are Uttaradit and Nakhonsawan to be Biomass Power Plant.
Finally, we choose Uttaradit to be Biomass Power Plant because;
Uttaradit has two sugar industry and near province (Sukothai , Phitsanulok )
also have sugar industry.
Uttaradit has labor cost rate cheaper than Nakhonsawan.
1.2 project objective
To study information of power plant and to know the problem about scares of electric
power in Thailand
To study feasibility for open Biomass power plant in Uttaradit province.
To study and analyze that why each of private power plant can produce an electric
power to little.
To study problem, opportunity, weakness and strength of power plant.
To study of feasibility of financial and analyze risk of Biomass power Plant in

Uttaradit province.
1.3
To study in power plant problem that effect to local community.
Benefits of projects
To know history, problem of power plant, and community problem.
To know about risk and financial of power plant.
To know about advantage and disadvantage of each type to be material for producing
the electric power.
To know how to planning and investment in power plant.
To solve problems that occurs in study project.
1.4 Frame work
Chapter 2
Industry Profile
Chapter 2: Industry Profile
2.1 Nature of industry
Power plant became the first light on December 31, 1879 at Menlo Park. New Jersey,
United States. In 1882, there are build of electricity system at London, England.
Power plant in Thailand was established on September 20, 1884 during in reign of
King Rama 5. Electricity Generating Authority of Thailand has become distinctly when
Denmark company ask for permission to produce electric current for propel the train and
expand electricity production by set up a permanent system.
Electricity Generating Authority of Thailand initial to involve the generation and
transmission of energy throughout Thailand for selling electricity to public on 1930s. After
that electricity is well-known and private company as possible to set up many concessions
Power plant used to change other energy become electric energy which can divide
many types that can use produce electric energy has two types.
Power plant used fuel is electricity factory that used nonrenewable to become
electricity energy such as coal, oil which these fuel causes of the pollution.
Power plant do not uses fuel is electricity factory that used energy from a
permanent energy source such as chaff and molasses.
The advantage of the energy source is a pure energy source that doesn't burn fuel such
as biomass electricity. Therefore, we would like to establish electricity factory by Biomass
power plant classified as renewable energy used to the benefits.
Source: Electricity Generating Authority of Thailand
2.1.1 Advantage and limitation of fuel for produce the electricity
Biomass to produce electricity

Advantage
Limitation
Used benefit from remain of material
Uncertain of the quantity of material
in agriculture as renewable energy
Fuel managements are difficult
Produce the electric energy that
Trend of material cost may be glow
environment-friendly. It is not cause
to Greenhouse effect
up because demand increasing

Capability of biomass have high of
To support with electric system are
moisture effect to happen with the
increase
pollution
The use of coal to produce electricity.

Advantage
Limitation
The cost of producing electricity
need to use control system of air
such
pollution that expensive
as
natural
gas,
oil,
and
Nowadays, there is technology that
Burn of coal is major cause of acid

rain and global warming
High reserve quantity of coal that it

can use more than 200 years.
The coal usage to produce electricity
from coal cheaper than other fuel
renewable energy.
Thailand needs to import the coal

from aboard
can eliminate pollution.
The coal usage to produce electricity

energy
need
to
have
good
transportation.
There are against from community
Garbage to produce electricity

Advantages
Limitations
Source of cheap energy
Reduce the problem of garbage

disposal
Garbage
electricity
factory
from
Some technology have high cost if

business smaller cannot make profit
Manage the garbage have expense
Garbage electricity factory against
landfill help reduce global warming
from community
Limitations
cannot
of
control
an
entrepreneur
garbage
quantity
which cost of delay in negotiation

process
2.2Situation of industry
The electricity situation in Thais economic during the year 2011 lower than the same
period of the previous year because of the earthquake and tsunami in Japan. This resulting in
the production of some industry in Thailand have to s top. However, during the third quarter
of 2011, the electricity demand grown 2.25 percent and 3.34 percent. From flooding in Thai
country it causes the effect to electricity consumption directly. The amount of electricity
consumed in October, November and December decline 1.7 percent, 3.5 percent and 5
percent respectively. From the situation this above in 2011 the country has peak requirement
electricity at 23,900.21 MW. These are decline to 0.46 percent when compared with statistic
of 2010. For the year 2012, the government has a policy to support growth of GDP increase
4
to 5 percent. Affect to rate of electricity demand increase about 5-6 percent. So, the private
company demand estimated that will be expanded from the employment of the company and
policy of government to support the expenditure such as measurement to raise the income of
people.
Source:http://www.ubifrance.com/medias/press/1.-tfta-thai-energy-15-02-2012-copy-1_20_2_2012_8_8.pdf
4
Source: http://hilight.kapook.com/view/70845
The National Energy Policy Council (NEPC) and the Cabinet are approved the Thai
power development plan in March 2010 to significance on the electricity production by
cogeneration system. During the preparation for the adjustment of the long term power
development plan occurred flood disaster in October-September 2011 influence on all
economic. From the flooding disaster, affect to electricity demand and stability of electrical
system in Thailand. It can effect to the Energy Ministry have to revise new PDP plan are
listed as follows;
2.2.1 New power projects
Between 2012-2019 totals 3,932.80 MW
2.2.2 Power purchasing

Independent Power Producer (IPP) Projects
Total during 2012-2019 a total of IPP provided 4,400 MW
Small power producer project (SPP)

The PDP plan 2010 includes 6,430.50 MW to be purchased from small power
producers during 2012-2019 including 5,024 MW using cogeneration systems, 90
MW using renewable energy, and 1,316.50 MW using non-firm energy contracts.
Power import from neighboring country

The EGAT purchased a total 2.913 MW from Xayaburi Hydro-electric project
in Laos. The total capacity of foreign energy purchase between 2012 and 2019 will be
4,012 MW from six projects as follows;
2.2.3 Research and Development
The Electricity Generating Authority of Thailand has policy give capital to

support institution including with External & Internal Research Agencies for perform
R&D project consists of ;
To replace import of electrical energy equipment, technologies and materials
To develop efficiency and lower production cost to support social research for quality
of life of community around power plant.
To improve new energy alternative for electricity generation.
To prevent environment and social impact caused by power operation and activity.
2.2.4 Product and Service

Biomass Power Plants produce electricity current for sell to Electricity Generating
Authority of Thailand. Product of Biomass Power Plants is supplies and service in term of
Industrial Goods.
Source: http://www.egat.co.th/images/stories/annual/reports/2554/annual2011_eng_p86.pdf
PART II Marketing
Chapter3
Market Feasibility Study
Chapter3: Market Feasibility Study

3.1 Market Analysis
3.1.1 General Environment Analysis
Politic
Power plant in Thailand is monopoly business to sell for Provincial Electricity
Authority which they transport electricity to each department for distribute to the public.
Provincial Electricity Authority has policy develop electricity system from renewable energy,
transportation electricity system, power plant quality for each country needs and help to
manage cost effectively1.
In addition, Ministry of Energy has policy for stability in supply to electric energy
also they increase role of private for reduce cost of government and support small and
smaller business electricity system from renewable energy. As a result, Private bio mass
power plant businesses are growing up.
Power Development Plan of Thailand is long term plan for respond demand, to create
stability of investment and green environment with renewable energy.
Supporting smaller business electricity in 2030 Thailand provides electricity from

renewable energy not less than 5 present.
In 2015-2021 to buy electricity from small business electricity firm increase 2,000
MW
In 2022-2030 determine quantity of small business electricity increase per year 360
MW
Economic
Survey of CEO forecasts economic outlook for first half of year 2556 by opinion
survey of senior executives of listed companies (Ltd.) in stock exchange amount 81
companies from all 9 industries. Found that most executives of 26 companies expected that
growth rate of Thailand's economy in year 2556 will be at 4.5 to 5 percentage, while only 12
companies. See that Thailand's economy will expand more than 5 percentages when
compared to the monthly survey in April 2555 found that most executives believe that
Thailand's economy has tends to increase from the original that expected to growth 4 to 4.5
percentag2
Therefore is evident from the situation of this economy rather will is the good news in
part of establishing power plant. Because of Thailand's industrial economy have industrial
factory increased and make number of electricity consumption increased as well. So, suitable
to build a power plant to generate electricity for used distribution to respond the needs of
industry factory in Thailand.
Source: http://www.mcot.net/site/content?id=50c6ed50150ba0af19000398#.UQlKVpv4-CU
Social
Due to the fact that demands for electricity has increased steadily. Because population
growth and economic expansion. The primary energy will decrease therefore drive to
development of renewable energy. So electricity is essential to daily life and it is important to
drive the economy. For support completely the requirement of electricity and population can
use electricity throughout and continuously.
Nowadays Thailand have a lot of biomass such as agricultural residues which not be
used that can produce more electricity. Therefore a lot of biomass were disposed incorrectly
and cause problems of environment pollution. Using biomass to produce electricity tends to
get the energy and also can decrease pollution at the same time. However a lot of burning
biomass to produce steam for generator rotation will cause pollution and health hazards that
may impact on the environment. And cause pollution and the health hazards that may impact
on the environment and public health if without proper management by we will set up
industry so far from the community to reduce pollution, toxic for preserve the environment of
the community.
Source: http://www.vcharkarn.com/electric/article/view.php?id=42673
Technology
Electricity is a necessity to us but nowadays electricity will bring various technologies
come to help. Technology that most widely used in production of electricity with biomass is
direct-Fired system is the biomass such as husk or wood chips used as a fuel for burns in
boilers. And heat transfer to the boiler and become to the hot steam and high pressure. Which
steam will spin turbines or steam engine that connected to generator causes of incurs
electricity or the production system thermal power. Mainly used in rice industry, sugar
industry and drying agricultural produces. Which point of operation size of power plants
should not be less than 5 MW for this system4.
Source: region2.prd. (2011, September 14). Biomass power plant. Retrieved from
http://region2.prd.go.th/ewt_news.php?nid=20096&filename=letgogreen
The power of this system burns cleanly and reduces air pollution due to the
combustion chamber burns wood and smoke. This can be used to generate electricity in rural
villages with a good source of raw materials and the development of a large power plant.
Source: http://nstda.or.th/rural/03tech-urban06.html
3.2 Corporate Social Responsibility (CSR)

The BPP power plant is expected on effectively performance and to be good organization
of social vision. We are power plant from biomass to produce high quality of electricity,
appropriate cost, and secure. We are driving the corporation social responsibility by
"sustainable development" concept. This is a new direction of development does not expect
on progressive in economic but consider on environment and to be an ally with community
and labor to happy in work. Therefore, the committee of BPP set policies and provide
professional for responsible for corporation social responsibility operation to be a standard of
Thailand. Our policies as following;
In Human Right aspect
Company will provide redress for community which gets impact from a
company.
In Environment aspect
o The appointment a legal authority about environment for control and check in
air pollution, water, and wasting of industry. There is reporting to the
government and have an emergency plan to reduce the impact of the
environment. The process to check the quality of the environment such as air,
water, noise, soil, and variety of biological.
o To appointing a group to energy conservation for managing electricity energy.
They have efficiency and saving to reduce the impact of climate change.
There is the communication about management of environmental information
with the social.
o The company choose the clean and efficiency of technology that
environmentally-friendly to used in process electric power as well as
compliance with legal and regulation strictly.
o Green area project

Company will create add green area project which this project will planting many
perennial in space inside power plant. This project will help a company reduce
amount of carbon dioxide gas. Moreover, this project can increase pure air and
mitigate global warming problem. Besides, perennials can build up good
panorama and environment inside power plant. Officers also work smoothly
because a company has a good atmosphere.
o There is the activity to reduce the waste, recycle, and reuse through various
the project by bank of recycle consist of project to reduce used plastic and
foam, project exchange plastic to bag, the purchase of used vegetable oil,
biological agriculture sufficient, campaign the environment, reduce to use the
paper. In order to reduce the consumption of resource and pollution in
environment.
In Labor force aspect

o
Company will employ local employees for support them to get work and
reduce conflict between company and community.
Company will have public relation about operation of power plant to

stakeholders of company.
In participate and developed with community

o Development community fund
The company have project to establishment of "Development
community funds nearby the power plant" for provide money to develop the
quality life of people and environment. The approach is the community nearby
power plant to be beneficiary. The public have important role to handle these
funds for improve sustainable community. From that approach as above
indicate that the benefit would be to community directly. To build strengthen
to community resulting in the well-being of people in the community better.
o childrens day event

Company will organize childrens day event inside power plant. This
event will provide exposition about power plant knowledge and there is buses
tour within power plant. Juvenile will learn about step to produce electricity in
each activity that set by company. Besides, this activity can stimulate
conscious of juvenile to think of save energy and focus on important of
environment.
o Public health to community project

The project provides medical service to the public. The company gives
the important in the community that who attend this service do not have to pay
anything in this program. This project has participant of all sector such as local
government, district, and private hospital.
o Local curriculum project

Company will provide training for teacher in local school about energy
and environment for develop background knowledge of teachers. The goal of
this project is to increase knowledge and understanding of students
3.3 Sales Forecast/Profit Estimation

3.3.1 Sale forecast
For sales forecast we estimate sales from rate of usage electricity increase in year
2002-2011 for base on information to calculate demand to use electricity in MW include:
Demand to use electricity in Thailand: 2002-2011

Unit: MW (%)
Year
MW
+Increase / Decrease
2545
16,681.10
+3.44
2546
18,121.40
+8.63
2547
19,325.80
+6.65
2548
20,537.50
+6.27
2549
21,064.00
+2.56
2550
22,586.10
+7.23
2551
22,568.20
-0.08
2552
22,044.90
+0.12
2553
24,009.90
+8.91
2554
23,900.21
-0.46
Source: http://www.egat.co.th/
We estimate percentage of usage electricity increase. From table, there is increase to use
electricity certainly by average increase about 4%.
Type of Biomass Power Plant
Machine have power 10 MW
Capacity to produce electricity: 10 MWh (10,000 units per hour)
Keep using in firm: 0.7 MWh ( 700 units per hour )
Remained: 9.3 MWh (9300 per units) *(Sale to EGAT)
Capacity to produce electricity per day

Time of use: TOU rate (EGAT)
Price of produce
electricity
Price of transportation
electricity
Rate all of sale
Peak
2.8322
1.0226
3.8548
Off-peak
2.0424
2.0424
Source: http://www.egat.co.th/
Peak period
09:00-22:00
Monday-Friday (13 hours/day)
Off-peak period
22:00-09:00
Monday-Friday (11 hours/day)
00:00-24:00
Saturday-Sunday (24 hours/day)
Calculate sale forecast electricity per day (Monday-Friday)
Peak period
9300 unit 3.8548 Baht/units 35,849.64 Baht/hrs

35,849.64 Baht/hrs 13 hrs 466,045.32 Baht/ 13hrs
Total Peak period = 466,045.32 Baht/day
Off-Peak period
9300 unit 2.0424 Baht/units = 18,994.32 Baht/hrs

18,994.32 Baht/hrs 11 hrs = 298,937.52 Baht/11hrs
Total Off-Peak period = 298,937.52 Baht/day
Total Peak period + Total Off-Peak period (Monday-Friday)

= 466,045.32 + 298,937.52
= 674,982.84 Baht/day
Calculate sale forecast electricity per day (Saturday-Sunday:24hour)
Off-Peak period
9300 unit 2.0424 Baht/units = 18,994.32 Baht/hrs

18,994.32 Baht/hrs 24 hrs = 455863.68 Baht/24hrs
Total Off-Peak period (Saturday - Sunday) = 455,863.68 Baht/day
Calculate sale forecast electricity per month

1 year = 365 day/year
365 12 = 30 day/ month
Monday-Friday have 20 day per month
674,982.84 20 days = 13,299,656.8 Baht
Saturday-Sunday have 8 day per month
455,863.68 8 days = 3,646,909.44 Baht
Total sale forecast electricity per month:

13,299,656.8 + 3,646,909.44 = 16,946,566.24 Baht/month
Total sale forecast electricity per year:

16,946,566.24 12 = 203,358,794.9 Baht/year
Total sale forecast electricity per 5 years:

203,358,794.9 5 = 1,016,793,974 Baht
Sale forecast
For UTT Power Plant sale forecast in each month have sale equally because EGAT have condition to purchases same rate with Namthip
Sukhothai Company.
Sale Year 1 (2015)
Month
Product
Electricity
Jan
Feb
Mar
April
May
June
Jul
Aug
Sep
Oct
Nov
Dec
Total
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
203,358,794.9
Sale Year 2 (2016)
Month
Product
Electricity
Jan
Feb
Mar
April
May
June
Jul
Aug
Sep
Oct
Nov
Dec
Total
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
203,358,794.9
Sale Year 3 (2017)
Month
Product
Electricity
Jan
Feb
Mar
April
May
June
Jul
Aug
Sep
Oct
Nov
Dec
Total
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
203,358,794.9
Sale Year 4 (2018)

Month
Product
Electricity
Jan
Feb
Mar
April
May
June
Jul
Aug
Sep
Oct
Nov
Dec
Total
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
203,358,794.9
Sale Year 5 (2019)

Month
Product
Electricity
Jan
Feb
Mar
April
May
June
Jul
Aug
Sep
Oct
Nov
Dec
Total
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
16,946,566.24
203,358,794.9
3.4 Marketing Expense

3.4.1 Market tools
Corporate Social Responsibility (CSR)
Marketing expense Year 1 (2015)
Description
Capital to redress for
community
Green area project
Development community
fund
Childrens day event
Public health to community
project
Local curriculum project
Total
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Total
100,000
100,000
300,000
1,695
1,695 1,695 1,695 1,695
1,695
1,695 1,695 1,695 1,695 1,695
300,000
1,695
20,340
36,400
36,400
100,000
100,000
4,500
4,500
4,500
4,500
18,000
574,740
Description
community
Green area project
fund
Childrens day event
project
Total
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Total
100,000
100,000
300,000
1,695
1,695 1,695 1,695 1,695
1,695
1,695 1,695 1,695 1,695 1,695
300,000
1,695
20,340
36,400
36,400
100,000
100,000
4,500
4,500
4,500
4,500
18,000
574,740
Description
community
Green area project
fund
Childrens day event
project
Total
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Total
100,000
100,000
300,000
1,695
1,695 1,695 1,695 1,695
1,695
1,695 1,695 1,695 1,695 1,695
300,000
1,695
20,340
36,400
36,400
100,000
100,000
4,500
4,500
4,500
4,500
18,000
574,740
Description
community
Green area project
fund
Childrens day event
project
Total
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Total
100,000
100,000
300,000
1,695
1,695 1,695 1,695 1,695
1,695
1,695 1,695 1,695 1,695 1,695
300,000
1,695
20,340
36,400
36,400
100,000
100,000
4,500
4,500
4,500
4,500
18,000
574,740
Description
community
Green area project
fund
Childrens day event
project
Total
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Total
100,000
100,000
300,000
1,695
1,695 1,695 1,695 1,695
1,695
1,695 1,695 1,695 1,695 1,695
300,000
1,695
20,340
36,400
36,400
100,000
100,000
4,500
4,500
4,500
4,500
18,000
574,740
3.5 Marketing Feasibility Analysis Summary

Capital to redress for community
Our company has policy for redress community 100,000 Baht per year. The
considerate of company base on amount of pollution that effect to community and
environment. Moreover, it might be protect for community problem.
Green area project1

The establishment green area investing the trees only first times. Apart from that have
expenditure in wage and other material for maintenances.
Development community fund

The calculation the money from capacity of production as 0.01 % / revenue per month
Childrens day even
The expenditure for decoration in Power Plant 3,000 Bath.
The expenditure for food 15,000 Baht.
The expenditure for 2 boards 1,000 Baht.
The expenditure for give vouchers to children 14.900 Baht.
The expenditure for instructor 500baht/persons. Have 5 instructors = 2,500 Baht.
** (Cost can be change in each year depend on the fluctuation of prices in goods,
food and wage).
Source: Thongsri, K. (n.d.). Nanagarden. Retrieved from

http://www.nanagarden.com/ ^1-11.html
41
Public health to community project3

The company provided medical treatment to the public. All expenditure depend on
amount of people the service. (99baht/person) Measurement from population receiving the
service from these medical around 1,000 persons.

The company employs the professional in the company to be the tutor. Professional
will give knowledge about energy environment for teacher in community.
Source:http://www.muslimthaipost.com/main/content.php?page=sub&category=104&id=8191
Source: http://www.a4lcenter.co.th
42
Part III Technical Analysis
Chapter 4
Investment Cost
43
Chapter 4: Investment Cost

4.1 Cost of Investment
4.1.1 Pre-Operating Cost
Total cost
Pre-operating cost
Landscape
Prepare-land cost1
320,000
- 2 Baht per 1 hectare (1 Rai = 1,600 hectare)

*we use 100 Rai = 160,000 hectare (160,000 hactare 2)
Cover soil2
600,000
1 dump = 500 Baht

We use 1,200 dump (500 dump 1,200)
Drawing3
300,000
Fee
681,500
Water4
680,000
Telephone
1,500
Total
Source: http://www.bb.go.th
Source: Local area; Lablae Uttaradit
Source: Akarawat Co.,Ltd
1,901,500
Source:
http://www.mwa.co.th/ewt_news.php?nid=301&filename=index
4.1.2
Investment
Cost
Land
44
Our company purchase land 100 Rai at DanMaeKhamMan, Lablae Uttaradit.

Calculation following;
-
55,000 baht per Rai

55,000 100 = 5,500,000 baht
Power plant area ( 100 Rai )
Total power plant area ( 100 Rai )

Manufactory
Warehouse
Area for drying material
Office
Green area
Car Park
Other
39 Rai
21 Rai
14 Rai
400 Hectare or 0.25 Rai
20 Rai
1 Rai
4.75 Rai
45
Building
Building Cost
-
Building cost 10,000 per hectare

Our office have 400 hectare = 4,000,000 baht
(1)
(2)
(3)
46
(4)
47
An Engineering
Construction Contracting Company (Ware house and Office)
Company name: ch-karnchang.co.th

Address : 587 Viriyathavorn Building, Sutthisarnvinitchai Road, Dindaeng District, Bangkok,
Thailand 10400
E mail : webmaster@ch-karnchang.co.th
Contact : 66(0)-2277-0460, 66(0)-2275-0026
We choose this company because they have famous work and have experience for
long time. Moreover, they have design, construct and consult service and many specialists
team. This company has modern equipments cause of operation process quickly.
Construction Contracting Company (Machine produce electric)
Company name : K.S. GROUP

Address : 587/70 m.2
E mail : kgcenter@ksgroup.co.th
Contact : (02)-709-748
Monitor : K.Pholakit 081-3573457
We choose this company because they have experience for long time and have
construct power plant many project both Thailand and foreign. So, this company have skill to
design and control all system in power plant. Thus, we have confident to select this company
to construct our project.
48
Investment cost Tools / Equipment cost
No.
Price
Unit
Cost
Stable HS1675+SD120I (Manager)
15,200
91,200
2.
Stable DBR 18863
4,500
12
54,000
3.
Chair MONO SA-47
1,390
28
38,920
1.
Product
49
4.
Chair PATONG/H
3,200
22,400
5.
Meeting Table Conference2
29,400
29,400
6.
Table SQ-6
4,290
4,290
50
7.
Sofa
6,200
12,400
8.
Dining Table LILY
5,300
5,300
9.
Computer Dell Inspiron one 19 (T201019TH)
22, 994
206,946
51
10.
Air condition Grand Hybrid GH-20 / 19,400 BTU
33,900
135,600
11.
Air condition Grand Hybrid GH-25 / 25,400 BTU
41,900
125,700
12.
BenQ MS614 Projector
15,900
15,900
52
13.
Paper Shredder DWS-1006CD
2,900
2,900
14.
File cabinet SC1280New
4,290
34,320
15.
CASIO FR-2650T
1,990
9,950
53
16.
CASIO DJ-240D
725
14
10,150
17.
Telephone HT-828
469
3,752
18.
Time recorder VT-810
6,990
6,990
54
19.
Printer Epson K100
4,300
12,900
20.
Brother FAX-878
3,090
6,180
21.
H-403
55
24
1,320
Source: http://www.officemate.co.th
55
22.
A4 Double A - 80 g.
550
1,100
23.
Stapler DS-45N
169
12
2,028
24.
Max Stapler 1208FA-H
59
24
1,416
56
25.
TR-2910/U1-24
790
4,740
26.
Lancer Rally Two 8330
109
218
27.
H-600G
146
876
57
28.
Plug - Smith 306B
355
1,065
29.
Extinguisher
940
2,820
30.
Sink NOVABATH - EP-86004
1,500
3,000
58
31.
AMERICAN STANDARD - TF2775W
Total Cost
3,900
7,800
855,581
59
4.1.3 Location
Our location of UTT Power Plant is DanMaeKhamMan, Lablae Uttaradit.
Contact with K.Sirisak Janapichai Tel. 085-7187545. Have area 60 rai, faraway from
main road 500 m. This location is plain area, near river and faraway community so,
community dont worry about the effect to community such as pollution. This area
have road through easy to transportation raw material and suitable for build Biomass
Power Plant.
60
4.1.4 Facility Layout
1. Warehouse
6. Office
2. Energy Machine
7. Car Park
3. Electric Control Room
8. Information
4. Electric Control Room (2)
9.Keepers Box
5. Reservoir
61
4.1.5 Machine / Tools / Equipment
We choose K.S. Group Company to construct energy machine because this company
made all construction such as set machine include with maintaining until machine can
produce electricity for sale and have guarantee a machine.
Machine
Total cost
Total
600,000,000
Machine
Boiler and ESP system

Turbines
Cooling water system
Steam
Condenser
Generator
Transformer
Set process
Warehouse
*1MW = 60,000,000 baht
62
4.2 Depreciation
Depreciation (Building Cost)
First Year 2015
No.
Product
1.
Factory / Warehouse
2.
Office
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
2,500,000
600,000,000
600,000,000
20
(5%)
30,000,000
4,000,000
4,000,000
20
200,000
16,666.67
30,200,000
2,516,666.67
Depreciation
Depreciation
(Per month)
2,500,000
Total Depreciation cost
Second Year 2016

No.
Product
1.
Factory / Warehouse
2.
Office
Price
Unit
Total cost
Depreciation
(Year)
600,000,000
600,000,000
20
(5%)
30,000,000
4,000,000
4,000,000
20
200,000
16,666.67
30,200,000
2,516,666.67
63
Third Year 2017

No.
Product
1.
Factory / Warehouse
2.
Office
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
2,500,000
600,000,000
600,000,000
20
(5%)
30,000,000
4,000,000
4,000,000
20
200,000
16,666.67
30,200,000
2,516,666.67
Depreciation
Depreciation
(Per month)
2,500,000
Fourth Year 2018

No.
Product
1.
Factory / Warehouse
2.
Office
Price
Unit
Total cost
Depreciation
(Year)
600,000,000
600,000,000
20
(5%)
30,000,000
4,000,000
4,000,000
20
200,000
16,666.67
30,200,000
2,516,666.67
64
Fifth Year 2019

No.
Product
1.
Factory / Warehouse
2.
Office
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
2,499,999.92
600,000,000
600,000,000
20
(5%)
29,999,999
4,000,000
4,000,000
20
199,999
16,666.58
30,199,998
2,516,666.5
65
Depreciation (Office Equipment Cost)

First Year 2015
No.
Product
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
1,520
1.
15,200
91,200
(20%)
18,240
2.
Stable DBR 18863
4,500
12
54,000
10,800
900
3.
Chair MONO SA-47
1,390
28
38,920
7,784
648.67
4.
Chair PATONG/H
3,200
22,400
4,480
373.33
5.
29,400
29,400
5,880
490
6.
Table SQ-6
4,290
4,290
858
71.5
7.
Sofa
6,200
12,400
2,480
206.67
8.
Dining Table LILY
5,300
5,300
1,060
88.33
9.
Computer Dell Inspiron one 19
22, 994
206,946
41,389.2
3449.1
33,900
135,600
27,120
2260
(T201019TH)
10.
Air condition Grand Hybrid GH-20 /

19,400 BTU
66
11.
41,900
125,700
25,140
2,095
25,400 BTU
12.
15,900
15,900
3,180
265
13.
2,900
2,900
580
48.33
14.
4,290
34,320
6,864
572
15.
CASIO FR-2650T
1,990
9,950
1,990
165.83
16.
Telephone HT-828
469
3,752
750.4
62.53
17.
6,990
6,990
1,398
116.5
18.
Printer Epson K100
4,300
12,900
2,580
215
19.
Brother FAX-878
3,090
6,180
1,236
103
163,810
13,651
Total Depreciation Office Equipment Cost
67
Second Year 2016

No.
Product
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
1,520
1.
15,200
91,200
(20%)
18,240
2.
Stable DBR 18863
4,500
12
54,000
10,800
900
3.
Chair MONO SA-47
1,390
28
38,920
7,784
648.67
4.
Chair PATONG/H
3,200
22,400
4,480
373.33
5.
29,400
29,400
5,880
490
6.
Table SQ-6
4,290
4,290
858
71.5
7.
Sofa
6,200
12,400
2,480
206.67
8.
Dining Table LILY
5,300
5,300
1,060
88.33
9.
22, 994
206,946
41,389.2
3449.1
33,900
135,600
27,120
2260
41,900
125,700
25,140
2,095
(T201019TH)
10.

19,400 BTU
11.

25,400 BTU
68
12.
15,900
15,900
3,180
265
13.
2,900
2,900
580
48.33
14.
4,290
34,320
6,864
572
15.
CASIO FR-2650T
1,990
9,950
1,990
165.83
16.
Telephone HT-828
469
3,752
750.4
62.53
17.
6,990
6,990
1,398
116.5
18.
Printer Epson K100
4,300
12,900
2,580
215
19.
Brother FAX-878
3,090
6,180
1,236
103
163,810
13,651
69
Third Year 2017

No.
Product
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
1,520
1.
15,200
91,200
(20%)
18,240
2.
Stable DBR 18863
4,500
12
54,000
10,800
900
3.
Chair MONO SA-47
1,390
28
38,920
7,784
648.67
4.
Chair PATONG/H
3,200
22,400
4,480
373.33
5.
29,400
29,400
5,880
490
6.
Table SQ-6
4,290
4,290
858
71.5
7.
Sofa
6,200
12,400
2,480
206.67
8.
Dining Table LILY
5,300
5,300
1,060
88.33
9.
22, 994
206,946
41,389.2
3449.1
33,900
135,600
27,120
2260
41,900
125,700
25,140
2,095
(T201019TH)
10.

19,400 BTU
11.

25,400 BTU
70
12.
15,900
15,900
3,180
265
13.
2,900
2,900
580
48.33
14.
4,290
34,320
6,864
572
15.
CASIO FR-2650T
1,990
9,950
1,990
165.83
16.
Telephone HT-828
469
3,752
750.4
62.53
17.
6,990
6,990
1,398
116.5
18.
Printer Epson K100
4,300
12,900
2,580
215
19.
Brother FAX-878
3,090
6,180
1,236
103
163,810
13,651
71
Fourth Year 2018

No.
Product
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
1,520
1.
15,200
91,200
(20%)
18,240
2.
Stable DBR 18863
4,500
12
54,000
10,800
900
3.
Chair MONO SA-47
1,390
28
38,920
7,784
648.67
4.
Chair PATONG/H
3,200
22,400
4,480
373.33
5.
29,400
29,400
5,880
490
6.
Table SQ-6
4,290
4,290
858
71.5
7.
Sofa
6,200
12,400
2,480
206.67
8.
Dining Table LILY
5,300
5,300
1,060
88.33
9.
22, 994
206,946
41,389.2
3449.1
33,900
135,600
27,120
2260
41,900
125,700
25,140
2,095
(T201019TH)
10.

19,400 BTU
11.

25,400 BTU
72
12.
15,900
15,900
3,180
265
13.
2,900
2,900
580
48.33
14.
4,290
34,320
6,864
572
15.
CASIO FR-2650T
1,990
9,950
1,990
165.83
16.
Telephone HT-828
469
3,752
750.4
62.53
17.
6,990
6,990
1,398
116.5
18.
Printer Epson K100
4,300
12,900
2,580
215
19.
Brother FAX-878
3,090
6,180
1,236
103
163,810
13,651
73
Fifth Year 2019

No.
Product
Price
Unit
Total cost
Depreciation
(Year)
Depreciation
Depreciation
(Per month)
1,519.92
1.
15,200
91,200
(20%)
18,239
2.
Stable DBR 18863
4,500
12
54,000
10,799
899.92
3.
Chair MONO SA-47
1,390
28
38,920
7,783
648.58
4.
Chair PATONG/H
3,200
22,400
4,479
373.25
5.
29,400
29,400
5,879
489.92
6.
Table SQ-6
4,290
4,290
857
71.42
7.
Sofa
6,200
12,400
2,479
206.58
8.
Dining Table LILY
5,300
5,300
1,059
88.25
9.
22, 994
206,946
41,388.2
3449.02
33,900
135,600
27,119
2259.92
41,900
125,700
25,139
2,094.92
(T201019TH)
10.

19,400 BTU
11.

25,400 BTU
74
12.
15,900
15,900
3,179
264.92
13.
2,900
2,900
579
48.25
14.
4,290
34,320
6,863
571.92
15.
CASIO FR-2650T
1,990
9,950
1,989
165.75
16.
Telephone HT-828
469
3,752
749.4
62.45
17.
6,990
6,990
1,397
116.42
18.
Printer Epson K100
4,300
12,900
2,579
214.92
19.
Brother FAX-878
3,090
6,180
1,235
102.92
163,791
13,649.25
75
Chapter 5
Production and
Operations Analysis
77
Chapter 5: Production and Operations Analysis

5.1 Product characteristics (in Detail)
Main product of Biomass Power Plant is the Electricity.
Electricity
Source: http://www.tatgreenheart.com/archives/3058
Main Component in Biomass Power Plan (machine system)
Source: http://www.trueenergy.co.th/biomass.html
78
1. Boiler
2. Fuel handing System
3. Ash handing System
4. Steam Turbine and Generator
5. Water Treatment System
6. Control and Instrument
7. Transmission Line
5.2 Production process
1. When you receive bagasse that take biomass fuel transport to combustion chamber
boiler to produce stream.
2. High pressure steam will continue to spin turbines that connect to generate electricity.
3. Steam that through a steam turbine remaining heat. It will be through the condenser to
change to the water and re-fill the boiler to re-produce steam to use in the system
again. The heated cooling water from the condenser will sent to a cooling tower for
cooling and re-circulating to the cooling water in the system.
4. Electrostatic precipitator fly ash and hot steam will pass through the electrostatic
Precipitator (ESP) to trap dust before discharge to the outside.
5. Ashes stored in the trap will be loaded into containers and packaged in strong and
enclosed packaging to deliver to customer such as agricultural industries, cement
industries and construction industries.
Electricity production
Source: http://www.trueenergy.co.th/biomass.html
79
Operation Cost
Year : 2015
Direct
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
Materials*
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
Bagasse
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
Husk
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
Total cost
54,000,000
Direct
Labors
Salaries
and
wages
Total
cost
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
192,000
192,000
192,000
192,000
192,000
192,000
192,000
192,000
192,000
192,000
192,000
192,000
2,304,000
2,304,000
Overhead
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
Factory
Depreciation
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
39,999,999.96
Indirect
labors
322,800
322,800
322,800
322,800
322,800
322,800
322,800
322,800
322,800
322,800
322,800
322,800
3,873,600
Totals Cost
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
3,656,133.33
43,873,599.96
80
Year : 2016
Direct
Materials*
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
Bagasse
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
Husk
Total cost
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Direct
Labors
Salaries
and
wages
Total
cost
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
192,960
192,960
192,960
192,960
192,960
192,960
192,960
192,960
192,960
192,960
192,960
192,960
2,315,520
2,315,520
Overhead
Jan
3,333,333.33
Factory
Depreciation
Factory
Utilities
Indirect
labors
Totals Cost
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
3,333,333.33
39,999,999.96
324,414
324,414
324,414
324,414
324,414
324,414
324,414
324,414
324,414
324,414
324,414
324,414
3,892,968
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
3,657,747.33
43,892,976.96
81
Year: 2017
Direct
Materials*
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
Bagasse
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
Husk
Total cost
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Direct
Labors
Salaries
and
wages
Total
cost
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
193,925
193,925
193,925
193,925
193,925
193,925
193,925
193,925
193,925
193,925
193,925
193,925
2,327,100
2,327,100
Overhead
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 3,333,333.33 39,999,999.96
Factory
Depreciation
Factory
Utilities
Indirect
labors
Totals Cost
326,036
326,036
326,036
326,036
326,036
326,036
326,036
326,036
326,036
326,036
326,036
326,036
3,912,432
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
3,659,369.33
43,912,431.96
82
Year: 2018
Direct
Materials*
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
Bagasse
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
Husk
Total cost
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Direct
Labors
Salaries
and
wages
Total
cost
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
195,864
195,864
195,864
195,864
195,864
195,864
195,864
195,864
195,864
195,864
195,864
195,864
2,350,368
Overhead
Factory
Depreciati
on
Factory
Utilities
Indirect
labors
Totals
Cost
2,350,368
Jan
3,333,333.33
Feb
3,333,333.33
Mar
3,333,333.33
April
3,333,333.33
May
3,333,333.33
June
3,333,333.33
July
3,333,333.33
Aug
3,333,333.33
Sep
3,333,333.33
Oct
3,333,333.33
Nov
3,333,333.33
Dec
Totals
3,333,333.33
39,999,999.96
329,296
329,296
329,296
329,296
329,296
329,296
329,296
329,296
329,296
329,296
329,296
329,296
3,951,552
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
3,662,629.33
43,951,551.96
83
Year : 2019
Direct
Materials*
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
Bagasse
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
Husk
Total cost
2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 2,250,000 27,000,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Direct
Labors
Salaries
and
wages
Total
cost
Jan
Feb
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
197,823
197,823
197,823
197,823
197,823
197,823
197,823
197,823
197,823
197,823
197,823
197,823
2,373,876
Overhead
Factory
Deprecia
tion
Factory
Utilities
Indirect
labors
Totals
Cost
2,373,876
Jan
Mar
April
May
June
July
Aug
Sep
Oct
Nov
Dec
Totals
3,333,333.25
Feb
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
3,333,333.25
39,999,999
332,589
332,589
332,589
332,589
332,589
332,589
332,589
332,589
332,589
332,589
332,589
332,589
3,991,068
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
3,665,922.25
43,991,067
84
*Reference
Cost of Raw material

Cost per Ton
300 Baht
300 Baht
Bagasse
Husk
Our company buys bagasse from THAI IDENTITY SUGAR INDUSTRY.
Contact: 055-407-241
Our company buys husk from T.Prasert Uttaradit Co., Ltd.
Contact: K.Tai 084-3608173

Raw material to produce electricity
Bagasse
Husk
Per Day
250 Ton
250 Ton
Per Mouth
7,500 Ton
7,500 Ton
Per Year
90,000 Ton
90,000 Ton
Bagasse 1 : Husk 1
Note: Cost of material to produce electricity calculates by use ratio from Thipsukhothai Bio
Energy. (This company produces electricity 38 MW and use raw material 1,800 per day)
Reference of Salary
-
In 2015 2017 Salary increase in 0.5%
In 2018 2019 Salary increase in 1%
85
5.3.1 Logistic Management

Nowadays logistics has important of role to run business related to storage, procedure
to produce and delivery supply chain is integrated for implementing the business.
Biomass Power Plant use logistic for management the procedure to produce by
transportation bagasse to our factory. Our company will transport raw material by outsource.
Our company use Wanna Agricultural Company to transportation.

Company
Address
Contract
Wanna Agricultural company

41 M.10 T.MaeSai, Amphoe.MaeSai,
Chiangrai
053-731744 ,089-9551469
86
Cost of transportation
Truck
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
Total
99,000,000
November April ( 6 month )

Bagasse
1 round = 2,500 Baht ( 25 Ton per round )
1 day = 22 round
Husk
1 day = 11 round
May October ( 6 month )

Husk
1 day = 11 round
87
5.3.2 Facility Management

Electricity
We are using the electricity from capacity that we can produce (average 0.7
MW per day). We calculate electricity usage depend on machine in the power plant,
electrical appliances and light in the office.
Computer
Computer use to make business in part of information compile and send
important information to customers.
Telephone
Telephone use to contract communication with customer and within
organization for convenience in operation.
Calculator
Calculator use to calculate other cost of accounting.
Fax
Fax use to send and receive document from customer or other organization.
Printer
Printer bring to electronic document and use to printing or copy important
document.
88
Chapter 6
Administration
Analysis
89
Chapter 6: Administration analysis

Organization chart
Board of directors
Human resources and

remuneration
committee
Risk
management
committee
Chief
Executive
officer
Chief
operating
officer
Electrical
engineering
Control
engineering
Design
engineering
Audit
committee
Chief
financial
officer
Maintenance
engineering
Accounting
Manager
Management
Manager
90
6.1 Management analysis

Salary ( financial division)
1. Chief financial officer (50,000 up depend on capabilities and experiences)
2. Accounting manager ( 30000-35000 Baht)
Responsibilities
Set of accounting functions, including accounting policy, month/quarter-end

closing, financial reporting, management reporting, budgeting, and taxation.
Prepare statutory reports and fillings
Manage continual improvement of accounting operation process and standard
procedure
Supports budget and forecasting activities.
Monitors and analyzes department work to develop more efficient procedures
and use of resources while maintaining a high level of accuracy.
Qualification
Male or female over 30 years.

Bachelor s degree in accounting.
5 years in accounting system.
Leadership skill
3. Management manager (30000-35000 Baht)

Responsibilities
Gather and organize information on problems or procedures.

Analyze data gathered and develop solutions or alternative methods of
proceeding.
Prepare manuals and train workers in use of new forms, reports, procedures or
equipment, according to organizational policy.
Design, evaluate, recommend, and approve changes of forms and reports.
Plan study of work problems and procedures, such as organizational change,
communications, information flow, integrated production methods, inventory
control, or cost analysis.
Qualification
Male or female over 30 years.

Master degree in business administration.
5 years experiences about operation.
Good command both English and Thai.
91
4. Accountant
2 position (15000-18000 Baht)
Responsibilities
Report to management regarding the finances of establishment.

Establish tables of accounts and assign entries to proper accounts.
Maintain or examine the records of government agencies.
Analyze business operations, trends, costs, revenues, financial commitments,
and obligations, to project future revenues and expenses or to provide advice.
Develop, maintain, and analyze budgets, preparing periodic reports that
compare budgeted costs to actual costs.
Qualification
Female 25 35 years
Bachelor s degree in accounting.
Fluent in Computer literature i.e. Ms. Excel
5. Office management division 1 position (15000-18000 Baht)

Responsibilities
Answer telephones and give information to callers, take messages, or transfer

calls to appropriate individuals.
Create, maintain, and enter information into databases.
Set up and manage paper or electronic filing systems, recording information,
updating paperwork, or maintaining documents, such as attendance records,
correspondence, or other material.
Maintain scheduling and event calendars.
Schedule and confirm appointments for clients, customers, or supervisors.
Qualification
Female 25 35 years
Bachelor s degree in business administration of related field.
Fluent in Computer literature i.e. Ms. Excel
Communicating effectively in writing as appropriate for the needs of the
audience.
92
6. Human resource division
1 position (15000-18000 Baht)
Responsibilities
Prepare or maintain employment records related to events such as hiring,

termination, leaves, transfers, or promotions, using human resources
management system software.
Interpret and explain human resources policies, procedures, laws, standards, or
regulations.
Hire employees and process hiring-related paperwork.
Schedule or conduct new employee orientations.
Qualification
Male or female 25 37 years

Bachelor s degree in business administration , Human resource management
or related field.
Services mind and understand sense of urgency.
Interpersonal skill and problem solving skills.
7. Cooperate relation division 1 position (15000 18000 Baht )

Responsibilities
Respond to requests for information from the media or designate an

appropriate spokesperson or information source.
Establish or maintain cooperative relationships with representatives of
community, consumer, employee, or public interest groups.
Prepare or edit organizational publications for internal and external audiences,
including employee newsletters and stockholders' reports.
Consult with advertising agencies or staff to arrange promotional campaigns in
all types of media for products, organizations, or individuals.
Qualification
Female 23 32 years
Bachelor s degree in faculty of arts , faculty of journalism or related field.
Interpersonal skill and problem solving skills.
Good spoken and written in English.
93
8. Security guard
position ( 8500 9000 Baht )
Responsibility
Monitor and authorize entrance and departure of employees, visitors, and other
persons to guard against theft and maintain security of premises.
Operate detecting devices to screen individuals and prevent passage of
prohibited articles into restricted areas.
Escort or drive motor vehicle to transport individuals to specified locations or
to provide personal protection.
Qualification
Male 25 38 years.
Healthy
9. House keeper 2 position ( 8500 9000 Baht )

Responsibilities
Wash windows, walls, ceilings, and woodwork, waxing and polishing as

necessary.
Dust and polish furniture and equipment.
Notify managers concerning the need for major repairs or additions to building
operating systems.
Service, clean, or supply restrooms.
Qualification
Female over 30 years

Have responsibility and diligent.
94
Salary ( operating division)

1. Chief operating officer (50,000 up depend on capabilities and experiences)
2.Construction management team
experience )
4 position ( 30,000 Up depend on capability and
2.1 design engineer

Responsibilities
Plan and design project about mechanical and electrical

Analysis problem about product
Design purchase order in mechanical and electrical. Finding the distributor
and offer the procurement/employment relate with the installation
Monitoring about document
Supported in any activities in organization
Design on electrical system in organization
Advisor about electrical energy
Qualification
Male over 23 years old

Graduated in Bachelors degree about engineering course
Have experience will be considering before
Have knowledge in law of environment and Standard system ISO 9001/2008
and ISO 14001
2.2 electrical engineer

Responsibilities
Create report about administration in save energy to other related government.

Control and organize in electrical system under the pattern of project.
Create in power circuit.
Control the operation of labors to following in project.
Monitoring about installation and meeting with customer.
Solving problem in work.
95
Qualification
Male , Age not over than 30 years.

Electrical engineer Bachelor or Master degree 2-5 years.
Experience in preparation of engineering documentation.
Good relation and willing to work as team work
2.3 Maintenance engineer

Responsibilities
Manage and control maintenance cost

Responsible for fulfillment and follow up the maintenance system according
ISO9001
Looking for room of improvement of all tooling /equipment and plant utility
with new update technology
Looking for cost saving project
Coordination with production department/others for the smooth operation of
production/others activities
Control and ensure the optimum spare parts, materials and tools that necessary
for maintenance, breakdown, etc.
Qualification
Male 25-32 years old with 3 years experience up

Bachelors degree in Mechanical/Electrical Engineering or equivalent
Capable of handling multiple priorities and tasks and able to work under
pressure
Good problem solving skills, including ability to identify and resolve issues a
challenges
2.4 Mechanical engineering

Responsibilities
Reporting to maintenance Manager, Mechanical Section Head.

Maintain and repair all mechanical equipment in the plant in safe, efficient,
economical and timely manner.
Insuring that all mechanical equipment stay well maintained and in safe working
order.
96
Qualification
Male, Age not over than 32 years.

Mechanical engineer or Industrial Technology or equivalent Bachelor or Master
degree 2-5 years.
Experience in power plant maintenance will be considering before.
3. Mechanical Plant 3 position ( 12000 Up depend on capability and experience)

Responsibilities
Repair the general mechanical system in the power plant.

Check and test value of electrical in the work shop and onsite.
Test run motor.
Record information from test run motor.
Connect and disconnect at substation.
Turn on-off mechanical system on time.
Keep information
Offer the solution and comment for improve job. Protection in problem
Maintenance and follow the rules in safety and environment
Qualification
Male, Age between 22-32 years old.

Bachelors degree in Mechanical/Electrical Engineering or equivalent.
Good healthy. Do not be allergy
Can be work in part time
Have responsible and attitude for public
4. Electrician
3 position ( 12000 Up depend on capability and experience)
Responsibilities
Repair the general electric system in the power plant

Check and test value of electrical in the work shop and onsite
Connect and disconnect at sub station
Turn on-off electrical system on time
Keep information of using electrical statistic
Offer the solution and comment for improve job. Protection in problem
Maintenance and follow the rules in safety and environment
97
Qualification
Male, Age between 22-32 years old

Bachelors degree in Mechanical/Electrical Engineering or equivalent
Good healthy. Do not be allergy
Can be work in part time
Have responsible and attitude for public
5.Gardener
2 position (9900 Baht)
Responsibilities
Maintain or repair tools, equipment, or structures, such as buildings, greenhouses,

fences, or benches, using hand or power tools.
Mix and spray or spread fertilizers, herbicides, or insecticides onto grass, shrubs,
or trees, using hand or automatic sprayers or spreaders.
Provide proper upkeep of sidewalks, driveways, parking lots, fountains, planters,
burial sites, or other grounds features.
Qualification
Male , Age between 28-45 years old

Love the service
have a good interpersonal skills
Source: http://www.jobthai.com
Source: http://www.onetonline.org/
98
6.2 Facilities Cost

Electricity
We using the electricity from capacity that we can produced (average 0.7 MW per
day). We calculate electricity usage depend on machine in the power plant , electrical
appliances and light in the office.
One peak
Monday Sunday from 09.00 AM to 17.00 AM
Off peak
Monday Sunday from 17.00 AM. to 9.00 AM.
**Ref. Thai Numtip energy Co.Ltd producing electrical for 26 MW. used own
electricity about 2 MW. Therefore, our power plant producing electricity for 10 MW. used
own electricity about 0.7 MW.
Computer
Computer use to make business in part of information compile and send important
information to customers.
Cost of computer is 22,994 baht per each computer.
Depreciation of computer is 4,598 baht per each computer.
Telephone
Telephone use to contract communication with customer and within organization for
convenience in operation.
Calculating telephone expenses
Telephone usage
times to call * telephone fee
300 * 3
900
** Telephone fee 3 baht per time
99
Calculator
Calculator use to calculate other cost of accounting.
Cost of calculator is 1,990 baht per each calculator.
Depreciation of calculator is 398 baht per each calculator.
Fax
Fax use to send and receive document from customer or other organization.
Cost of fax is 3,090 baht per each fax.
Depreciation of fax is 618 baht per each fax.
Printer
Printer bring to electronic document and use to printing or copy important document.
Cost of printer is 4,300 baht per each printer.
Depreciation of printer is 860 baht per each printer.
100
Part IV Financial and Risk Analysis
Chapter 7
Financial
Analysis
Electricity Generating Authority of Thailand (EGAT) announces increase power

purchase rate for a fixed rate based on the type of fuel VSPP for 7 years following 1 ;
Biomass
0.3 Baht/kwh
Water (50-200 kw)
0.4 Baht/kwh
Water (<50 kw)
0.8 Baht/kwh
Garbage
2.5 Baht/kwh
Wind power
2.5 Baht/kwh
Solar cell
Baht/kwh
Our company use Biomass power to produce. So, we will get increase power
purchase rate is 0.3 Baht/kwh
Calculate sale forecast electricity per day (Monday-Friday)
Peak period
9,300 unit 4.1548 Baht/units 38,639.64 Baht/hrs

38,639.64 Baht/hrs 13 hrs 502,315.32 Baht/ 13hrs
Total Peak period = 502,315.32 Baht/day
Off-Peak period
9,300 unit 2.3424 Baht/units = 21,784.32 Baht/hrs

Total Peak period + Total Off-Peak period (Monday-Friday)

= 502,315.32 + 239,627.52
= 741,942.84 Baht/day
Source : http://www.eppo.go.th/power/powerN/File/(1).pdf
Calculate sale forecast electricity per day (Saturday-Sunday:24hour)
Off-Peak period
9,300 unit 2.3424 Baht/units = 21,784.32 Baht/hrs

Total Off-Peak period (Saturday - Sunday) = 522,823.68 Baht/day
Calculate sale forecast electricity per month

1 year = 365 day/year
365 12 = 30 day/ month
Monday-Friday have 20 day per month
741,942.84 20 days = 14,838,856.8 Baht
Saturday-Sunday have 8 day per month
522,823.68 8 days
Total sale forecast electricity per month:

14,838,856.8 + 4,182,589.44 = 19,021,446.24 Baht/month
Total sale forecast electricity per year:

19,021,446.24 12 = 228,257,354.9 Baht/year
Total sale forecast electricity per 5 years:

228,257,354.9 5 = 1,141,286,775 Baht
= 4,182,589.44 Baht
UTT.Power Company
Income Statement
For the Year Ended December 31,2015
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
Sale
Sale
Total Sale
Cost of goods sold
Raw material
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Logistic
2,475,000
514,800
2,475,000
514,800
2,475,000
514,800
2,475,000
514,800
825,000
514,800
825,000
514,800
825,000
514,800
825,000
514,800
825,000
514,800
825,000
514,800
2,475,000
514,800
2,475,000
514,800
19,800,000
7,489,800
7,489,800
7,489,800
7,489,800
5,839,800
5,839,800
5,839,800
5,839,800
5,839,800
5,839,800
7,489,800
7,489,800
79,977,600
Salary
Total Cost of goods sold
Gross Margin
11,531,646.24
11,531,646.24
11,531,646.24
11,531,646.24
13,181,646.24
13,181,646.24
13,181,646.24
13,181,646.24
13,181,646.24
13,181,646.24
11,531,646.24
11,531,646.24
6,177,600
148,279,755
Operatating Expense
Marketing Expense
Depreciation
Telephone
Internet
Total Operating Expense
Income before tax
Income Taxes (20%)
Net Income
338,095
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
574,740
2,530,317.67
30,363,812
900
900
900
900
900
900
900
900
900
900
900
900
10,800
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
7,576
2,869,943.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
2,638,043.97
2,533,543.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
8,661,702.27
8,998,102.27
8,993,602.27
8,998,102.27
10,648,102.27
10,543,602.27
10,648,102.27
10,648,102.27
10,643,602.27
10,648,102.27
8,998,102.27
2,638,043.97
8,893,602.27
30,956,928
117,322,827
23,464,642.97
23,464,642.97
8,661,702.27
8,998,102.27
8,993,602.27
8,998,102.27
10,648,102.27
10,543,602.27
10,648,102.27
10,648,102.27
10,643,602.27
10,648,102.27
8,998,102.27 - 14,571,040.70
93,858,184.27
Retain Earning ( 50% )
4,330,851.14
4,499,051.14
4,496,801.14
4,499,051.14
5,324,051.14
5,271,801.14
5,324,051.14
5,324,051.14
5,321,801.14
5,324,051.14
4,499,051.14 - 7,285,520.35
46,929,092.14
Divident Payment ( 50% )
4,330,851.14
4,499,051.14
4,496,801.14
4,499,051.14
5,324,051.14
5,271,801.14
5,324,051.14
5,324,051.14
5,321,801.14
5,324,051.14
4,499,051.14 - 7,285,520.35
46,929,092.14
UTT.Power Company
Income Statement
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
Sale
Sale
Total Sale
Cost of goods sold
Raw material
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Logistic
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
517,374
517,374
517,374
517,374
517,374
517,374
517,374
517,374
517,374
517,374
517,374
517,374
6,208,488
7,492,374
7,492,374
7,492,374
7,492,374
5,842,374
5,842,374
5,842,374
5,842,374
5,842,374
5,842,374
7,492,374
7,492,374
80,008,488
Salary
Gross Margin
11,529,072.24
11,529,072.24
11,529,072.24
11,529,072.24
13,179,072.24
13,179,072.24
13,179,072.24
13,179,072.24
13,179,072.24
13,179,072.24
11,529,072.24
11,529,072.24
148,248,867
Operatating Expense
Marketing Expense
Depreciation
Telephone
Internet
Income before tax
Income Taxes (20%)
Net Income
338,095
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
574,740
2,530,317.67
30,363,812
900
900
900
900
900
900
900
900
900
900
900
900
10,800
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
7,576
2,869,943.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
2,638,043.97
2,533,543.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
8,659,128.27
8,995,528.27
8,991,028.27
8,995,528.27
10,645,528.27
10,541,028.27
10,645,528.27
10,645,528.27
10,641,028.27
10,645,528.27
8,995,528.27
2,638,043.97
8,891,028.27
30,956,928
117,291,939
23,464,642.97
23,464,642.97
8,659,128.27
8,995,528.27
8,991,028.27
8,995,528.27
10,645,528.27
10,541,028.27
10,645,528.27
10,645,528.27
10,641,028.27
10,645,528.27
8,995,528.27 - 14,573,614.70
93,827,296.27
4,329,564.14
4,497,764.14
4,495,514.14
4,497,764.14
5,322,764.14
5,270,514.14
5,322,764.14
5,322,764.14
5,320,514.14
5,322,764.14
4,497,764.14 - 7,286,807.35
46,913,648.14
4,329,564.14
4,497,764.14
4,495,514.14
4,497,764.14
5,322,764.14
5,270,514.14
5,322,764.14
5,322,764.14
5,320,514.14
5,322,764.14
4,497,764.14 - 7,286,807.35
46,913,648.14
UTT.Power Company
Income Statement
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
Sale
Sale
Total Sale
Cost of goods sold
Raw material
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Logistic
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
519,961
519,961
519,961
519,961
519,961
519,961
519,961
519,961
519,961
519,961
519,961
519,961
6,239,532
7,494,961
7,494,961
7,494,961
7,494,961
5,844,961
5,844,961
5,844,961
5,844,961
5,844,961
5,844,961
7,494,961
7,494,961
80,039,532
Salary
Gross Margin
11,526,485.24
11,526,485.24
11,526,485.24
11,526,485.24
13,176,485.24
13,176,485.24
13,176,485.24
13,176,485.24
13,176,485.24
13,176,485.24
11,526,485.24
11,526,485.24
148,217,823
Operatating Expense
Marketing Expense
Depreciation
Telephone
Internet
Income before tax
Income Taxes (20%)
Net Income
338,095
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
574,740
2,530,317.67
30,363,812
900
900
900
900
900
900
900
900
900
900
900
900
10,800
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
7,576
2,869,943.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
2,638,043.97
2,533,543.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
8,656,541.27
8,992,941.27
8,988,441.27
8,992,941.27
10,642,941.27
10,538,441.27
10,642,941.27
10,642,941.27
10,638,441.27
10,642,941.27
8,992,941.27
2,638,043.97
8,888,441.27
30,956,928
117,260,895
23,464,642.97
23,464,642.97
8,656,541.27
8,992,941.27
8,988,441.27
8,992,941.27
10,642,941.27
10,538,441.27
10,642,941.27
10,642,941.27
10,638,441.27
10,642,941.27
8,992,941.27 - 14,576,201.70
93,796,252.27
4,328,270.64
4,496,470.64
4,494,220.64
4,496,470.64
5,321,470.64
5,269,220.64
5,321,470.64
5,321,470.64
5,319,220.64
5,321,470.64
4,496,470.64 - 7,288,100.85
46,898,126.14
4,328,270.64
4,496,470.64
4,494,220.64
4,496,470.64
5,321,470.64
5,269,220.64
5,321,470.64
5,321,470.64
5,319,220.64
5,321,470.64
4,496,470.64 - 7,288,100.85
46,898,126.14
UTT.Power Company
Income Statement
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
Sale
Sale
Total Sale
Cost of goods sold
Raw material
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Logistic
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
525,160
525,160
525,160
525,160
525,160
525,160
525,160
525,160
525,160
525,160
525,160
525,160
6,301,920
7,500,160
7,500,160
7,500,160
7,500,160
5,850,160
5,850,160
5,850,160
5,850,160
5,850,160
5,850,160
7,500,160
7,500,160
80,101,920
Salary
Gross Margin
11,521,286.24
11,521,286.24
11,521,286.24
11,521,286.24
13,171,286.24
13,171,286.24
13,171,286.24
13,171,286.24
13,171,286.24
13,171,286.24
11,521,286.24
11,521,286.24
148,155,435
Operatating Expense
Marketing Expense
Depreciation
Telephone
Internet
Income before tax
Income Taxes (20%)
Net Income
338,095
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
574,740
2,530,317.67
30,363,812
900
900
900
900
900
900
900
900
900
900
900
900
10,800
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
7,576
2,869,943.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
2,638,043.97
2,533,543.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
8,651,342.27
8,987,742.27
8,983,242.27
8,987,742.27
10,637,742.27
10,533,242.27
10,637,742.27
10,637,742.27
10,633,242.27
10,637,742.27
8,987,742.27
2,638,043.97
8,883,242.27
30,956,928
117,198,507
23,464,642.97
23,464,642.97
8,651,342.27
8,987,742.27
8,983,242.27
8,987,742.27
10,637,742.27
10,533,242.27
10,637,742.27
10,637,742.27
10,633,242.27
10,637,742.27
8,987,742.27 - 14,581,400.70
93,733,864.27
4,325,671.14
4,493,871.14
4,491,621.14
4,493,871.14
5,318,871.14
5,266,621.14
5,318,871.14
5,318,871.14
5,316,621.14
5,318,871.14
4,493,871.14 - 7,290,700.35
46,866,932.14
4,325,671.14
4,493,871.14
4,491,621.14
4,493,871.14
5,318,871.14
5,266,621.14
5,318,871.14
5,318,871.14
5,316,621.14
5,318,871.14
4,493,871.14 - 7,290,700.35
46,866,932.14
UTT.Power Company
Income Statement
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
19,021,446.24
228,257,354.88
Sale
Sale
Total Sale
Cost of goods sold
Raw material
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
4,500,000
54,000,000
Logistic
2,475,000
2,475,000
2,475,000
2,475,000
825,000
825,000
825,000
825,000
825,000
825,000
2,475,000
2,475,000
19,800,000
530,412
530,412
530,412
530,412
530,412
530,412
530,412
530,412
530,412
530,412
530,412
530,412
6,364,944
7,505,412
7,505,412
7,505,412
7,505,412
5,855,412
5,855,412
5,855,412
5,855,412
5,855,412
5,855,412
7,505,412
7,505,412
80,164,944
Salary
Gross Margin
11,516,034.24
11,516,034.24
11,516,034.24
11,516,034.24
13,166,034.24
13,166,034.24
13,166,034.24
13,166,034.24
13,166,034.24
13,166,034.24
11,516,034.24
11,516,034.24
148,092,411
Operatating Expense
Marketing Expense
Depreciation
Telephone
Internet
Income before tax
Income Taxes (20%)
Net Income
338,095
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
6,195
2,530,317.67
1,695
2,530,317.67
1,695
2,530,317.67
106,195
574,740
2,530,317.67
30,363,812
900
900
900
900
900
900
900
900
900
900
900
900
10,800
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
631.3
7,576
2,869,943.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
2,638,043.97
2,533,543.97
2,533,543.97
2,538,043.97
2,533,543.97
2,533,543.97
8,646,090.27
8,982,490.27
8,977,990.27
8,982,490.27
10,632,490.27
10,527,990.27
10,632,490.27
10,632,490.27
10,627,990.27
10,632,490.27
8,982,490.27
2,638,043.97
8,877,990.27
30,956,928
117,135,483
23,464,642.97
23,464,642.97
8,646,090.27
8,982,490.27
8,977,990.27
8,982,490.27
10,632,490.27
10,527,990.27
10,632,490.27
10,632,490.27
10,627,990.27
10,632,490.27
8,982,490.27 - 14,586,652.70
93,670,840.27
4,323,045.14
4,491,245.14
4,488,995.14
4,491,245.14
5,316,245.14
5,263,995.14
5,316,245.14
5,316,245.14
5,313,995.14
5,316,245.14
4,491,245.14 - 7,293,326.35
46,835,420.14
4,323,045.14
4,491,245.14
4,488,995.14
4,491,245.14
5,316,245.14
5,263,995.14
5,316,245.14
5,316,245.14
5,313,995.14
5,316,245.14
4,491,245.14 - 7,293,326.35
46,835,420.14
UTT.Power Company
Statement of Cash Flow
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total
Net cash flow from Operating Activities

Net Income
Adjust Depreciation
Cash paid for ISO 14001 and OHSAS 18001
Cash paid for Insurance
8,661,702.27
8,998,102.27
8,993,602.27
8,998,102.27
10,648,102.27
10,543,602.27
10,648,102.27
10,648,102.27
10,643,602.27
10,648,102.27
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
Adjust Depreciation insurance

Net cash provide by Operation Activities
950,000.00
706,000.00
-
8,998,102.27 - 14,571,040.70
93,858,184.27
2,530,317.67
30,363,812.04
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
10,321,186.61
11,607,586.61
11,603,086.61
11,607,586.61
13,257,586.61
12,447,086.61
13,257,586.61
13,257,586.61
13,253,086.61
13,257,586.61
2,530,317.67
-
79,166.67
706,000.00 -
1,412,000.00
950,000.00
79,166.67
950,000.00
11,607,586.61 - 12,667,556.36
122,809,996.31
Net cash flow from Investing Activities

Cash received from invester
400,000,000.00
11,401,500.00
Cash paid for Plant
- 300,000,000.00
Cash paid for equipment
855,581.00
87,742,919.00
Cash paid for Investment cost
Net cash from provide by Investing Activities
400,000,000.00
- 300,000,000.00
100,000,000.00
800,000,000.00
11,401,500.00
600,000,000.00
855,581.00
187,742,919.00
Net cash flow from Financing Activities

Cash Payment for Divident
Net cash from provide by Financing Activities
4,330,851.14 -
4,499,051.14 -
4,496,801.14 -
4,499,051.14 -
5,324,051.14 -
5,271,801.14 -
5,324,051.14 -
5,324,051.14 -
5,321,801.14 -
5,324,051.14 -
4,499,051.14
7,285,520.35 -
46,929,092.14
4,330,851.14 -
4,499,051.14 -
4,496,801.14 -
4,499,051.14 -
5,324,051.14 -
5,271,801.14 -
5,324,051.14 -
5,324,051.14 -
5,321,801.14 -
5,324,051.14 -
4,499,051.14
7,285,520.35 -
46,929,092.14
7,108,535.47
7,106,285.47
7,108,535.47
7,933,535.47
7,933,535.47
7,933,535.47
7,931,285.47
7,933,535.47
7,108,535.47 -
5,382,036.01
Summary
Net increase ( decrease ) in cash and equivalents
Cash and cash equivalents at beginning of the period
Cash and cash at end of the period
93,733,254.47
93,733,254.47
7,108,535.47
7,106,285.47
7,108,535.47
7,933,535.47
107,175,285.47
107,175,285.47
7,933,535.47
7,933,535.47
7,931,285.47
7,933,535.47
7,108,535.47 -
5,382,036.01
263,623,823.18
263,623,823.18
UTT.Power Company
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total

Net Income
Adjust Depreciation
8,659,128.27
8,995,528.27
8,991,028.27
8,995,528.27
10,645,528.27
10,541,028.27
10,645,528.27
10,645,528.27
10,641,028.27
10,645,528.27
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67

950,000.00
706,000.00
-
8,995,528.27 - 14,573,614.70
93,827,296.27
2,530,317.67
30,363,812.04
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
10,318,612.61
11,605,012.61
11,600,512.61
11,605,012.61
13,255,012.61
12,444,512.61
13,255,012.61
13,255,012.61
13,250,512.61
13,255,012.61
2,530,317.67
-
79,166.67
706,000.00 -
1,412,000.00
950,000.00
79,166.67
950,000.00
11,605,012.61 - 12,670,130.36
122,779,108.31
Cash paid for Plant

4,329,564.14 -
4,497,764.14 -
4,495,514.14 -
4,497,764.14 -
5,322,764.14 -
5,270,514.14 -
5,322,764.14 -
5,322,764.14 -
5,320,514.14 -
5,322,764.14 -
4,497,764.14
7,286,807.35 -
46,913,648.14
4,329,564.14 -
4,497,764.14 -
4,495,514.14 -
4,497,764.14 -
5,322,764.14 -
5,270,514.14 -
5,322,764.14 -
5,322,764.14 -
5,320,514.14 -
5,322,764.14 -
4,497,764.14
7,286,807.35 -
46,913,648.14
5,989,048.47
7,107,248.47
7,104,998.47
7,107,248.47
7,932,248.47
7,173,998.47
7,932,248.47
7,932,248.47
7,929,998.47
7,932,248.47
7,107,248.47 -
5,383,323.01
263,623,823.18

Summary
269,612,871.65
7,107,248.47
7,104,998.47
7,107,248.47
7,932,248.47
7,173,998.47
7,932,248.47
7,932,248.47
7,929,998.47
7,932,248.47
7,107,248.47 -
5,383,323.01
75,865,460.18
263,623,823.18
339,489,283.35
UTT.Power Company
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total

Net Income
Adjust Depreciation
8,656,541.27
8,992,941.27
8,988,441.27
8,992,941.27
10,642,941.27
10,538,441.27
10,642,941.27
10,642,941.27
10,638,441.27
10,642,941.27
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67

950,000.00
706,000.00
-
8,992,941.27 - 14,576,201.70
93,796,252.27
2,530,317.67
30,363,812.04
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
10,316,025.61
11,602,425.61
11,597,925.61
11,602,425.61
13,252,425.61
12,441,925.61
13,252,425.61
13,252,425.61
13,247,925.61
13,252,425.61
2,530,317.67
-
79,166.67
706,000.00 -
1,412,000.00
950,000.00
79,166.67
950,000.00
11,602,425.61 - 12,672,717.36
122,748,064.31

Cash paid for Plant

4,328,270.64 -
4,496,470.64 -
4,494,220.64 -
4,496,470.64 -
5,321,470.64 -
5,269,220.64 -
5,321,470.64 -
5,321,470.64 -
5,319,220.64 -
5,321,470.64 -
4,496,470.64
7,288,100.85 -
46,898,126.14
4,328,270.64 -
4,496,470.64 -
4,494,220.64 -
4,496,470.64 -
5,321,470.64 -
5,269,220.64 -
5,321,470.64 -
5,321,470.64 -
5,319,220.64 -
5,321,470.64 -
4,496,470.64
7,288,100.85 -
46,898,126.14
5,987,754.97
7,105,954.97
7,103,704.97
7,105,954.97
7,930,954.97
7,172,704.97
7,930,954.97
7,930,954.97
7,928,704.97
7,930,954.97
7,105,954.97 -
5,384,616.51
339,489,283.35

Summary
345,477,038.32
7,105,954.97
7,103,704.97
7,105,954.97
7,930,954.97
7,172,704.97
7,930,954.97
7,930,954.97
7,928,704.97
7,930,954.97
7,105,954.97 -
5,384,616.51
75,849,938.18
339,489,283.35
415,339,221.53
UTT.Power Company
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total

Net Income
Adjust Depreciation
8,651,342.27
8,987,742.27
8,983,242.27
8,987,742.27
10,637,742.27
10,533,242.27
10,637,742.27
10,637,742.27
10,633,242.27
10,637,742.27
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67

950,000.00
706,000.00
-
8,987,742.27 - 14,581,400.70
93,733,864.27
2,530,317.67
30,363,812.04
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
10,310,826.61
11,597,226.61
11,592,726.61
11,597,226.61
13,247,226.61
12,436,726.61
13,247,226.61
13,247,226.61
13,242,726.61
13,247,226.61
2,530,317.67
-
79,166.67
706,000.00 -
1,412,000.00
950,000.00
79,166.67
950,000.00
11,597,226.61 - 12,677,916.36
122,685,676.31

Cash paid for Plant

4,325,671.14 -
4,493,871.14 -
4,491,621.14 -
4,493,871.14 -
5,318,871.14 -
5,266,621.14 -
5,318,871.14 -
5,318,871.14 -
5,316,621.14 -
5,318,871.14 -
4,493,871.14
7,290,700.35 -
46,866,932.14
4,325,671.14 -
4,493,871.14 -
4,491,621.14 -
4,493,871.14 -
5,318,871.14 -
5,266,621.14 -
5,318,871.14 -
5,318,871.14 -
5,316,621.14 -
5,318,871.14 -
4,493,871.14
7,290,700.35 -
46,866,932.14
5,985,155.47
7,103,355.47
7,101,105.47
7,103,355.47
7,928,355.47
7,170,105.47
7,928,355.47
7,928,355.47
7,926,105.47
7,928,355.47
7,103,355.47 -
5,387,216.01
415,339,221.53

Summary
421,324,377.00
7,103,355.47
7,101,105.47
7,103,355.47
7,928,355.47
7,170,105.47
7,928,355.47
7,928,355.47
7,926,105.47
7,928,355.47
7,103,355.47 -
5,387,216.01
75,818,744.18
415,339,221.53
491,157,965.70
UTT.Power Company
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Total

Net Income
Adjust Depreciation
8,646,090.27
8,982,490.27
8,977,990.27
8,982,490.27
10,632,490.27
10,527,990.27
10,632,490.27
10,632,490.27
10,627,990.27
10,632,490.27
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67
2,530,317.67

950,000.00
706,000.00
-
8,982,490.27 - 14,586,652.70
93,670,840.27
2,530,317.67
30,363,812.04
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
79,166.67
10,305,574.61
11,591,974.61
11,587,474.61
11,591,974.61
13,241,974.61
12,431,474.61
13,241,974.61
13,241,974.61
13,237,474.61
13,241,974.61
2,530,317.67
-
79,166.67
706,000.00 -
1,412,000.00
950,000.00
79,166.67
950,000.00
11,591,974.61 - 12,683,168.36
122,622,652.31

Cash paid for Plant

4,323,045.14 -
4,491,245.14 -
4,488,995.14 -
4,491,245.14 -
5,316,245.14 -
5,263,995.14 -
5,316,245.14 -
5,316,245.14 -
5,313,995.14 -
5,316,245.14 -
4,491,245.14
7,293,326.35 -
46,835,420.14
4,323,045.14 -
4,491,245.14 -
4,488,995.14 -
4,491,245.14 -
5,316,245.14 -
5,263,995.14 -
5,316,245.14 -
5,316,245.14 -
5,313,995.14 -
5,316,245.14 -
4,491,245.14
7,293,326.35 -
46,835,420.14
5,982,529.47
7,100,729.47
7,098,479.47
7,100,729.47
7,925,729.47
7,167,479.47
7,925,729.47
7,925,729.47
7,923,479.47
7,925,729.47
7,100,729.47 -
5,389,842.01
491,157,965.70

Summary
497,140,495.18
7,100,729.47
7,098,479.47
7,100,729.47
7,925,729.47
7,167,479.47
7,925,729.47
7,925,729.47
7,923,479.47
7,925,729.47
7,100,729.47 -
5,389,842.01
75,787,232.18
491,157,965.70
566,945,197.88
UTT.Power Company
Balance Sheet
Asset
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
7,108,535.47
7,106,285.47
7,108,535.47
7,933,535.47
107,175,285.47
7,933,535.47
7,933,535.47
7,931,285.47
7,933,535.47
Dec
Total
Current Asset
Cash
93,733,254.47
Prepaid Insurance
Insurance depreciation
950,000
-
Intangible assets
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
706,000.00
79,166.67 -
79,166.67 -
7,108,535.47 - 5,382,036.01
-
79,166.67 -
79,166.67 -
263,623,823.18
950,000
79,166.67 706,000.00
950,000.00
1,412,000.00
7,401,500
600,000,000
4,000,000
Property,plant and equipment

Land
7,401,500
Plant
300,000,000
4,000,000
Buliding
Equipment
Accmulate depreciation
Total current asset
855,581
-
2,530,318 404,330,851.14
2,530,318 4,499,051.14
2,530,318 4,496,801.14
300,000,000
-
2,530,318 4,499,051.14
2,530,318 5,324,051.14
2,530,318 405,271,801.14
2,530,318 5,324,051.14
2,530,318 5,324,051.14
2,530,318 5,321,801.14
2,530,318 5,324,051.14
2,530,318 -
855,581
2,530,318 -
4,499,051.14 - 7,285,520.35
30,363,812.04
846,929,092.14
Liabilities and Owners'Equity

Current Liabilities
Total current liabilities
Owner's equity
Invester capital
400,000,000
Retained earnings
4,330,851.14
4,499,051.14
4,496,801.14
4,499,051.14
5,324,051.14
5,271,801.14
5,324,051.14
5,324,051.14
5,321,801.14
5,324,051.14
4,499,051.14 - 7,285,520.35
46,929,092.14
404,330,851.14
4,499,051.14
4,496,801.14
4,499,051.14
5,324,051.14
405,271,801.14
5,324,051.14
5,324,051.14
5,321,801.14
5,324,051.14
4,499,051.14 - 7,285,520.35
846,929,092.14
Total current liabilities + Total Owner's equity

404,330,851.14
4,499,051.14
4,496,801.14
4,499,051.14
5,324,051.14
405,271,801.14
5,324,051.14
5,324,051.14
5,321,801.14
5,324,051.14
4,499,051.14 - 7,285,520.35
846,929,092.14
Total Owner's equity
400,000,000
800,000,000
UTT.Power Company
Balance Sheet
Asset
Jan
Feb
Mar
Apr
May
Jun
269,612,871.65
7,107,248.47
7,104,998.47
7,107,248.47
7,932,248.47
Jul
Aug
Sep
Oct
Nov
7,932,248.47
7,932,248.47
7,929,998.47
7,932,248.47
Dec
Total
Current Asset
Cash
Prepaid Insurance
950,000
-
Intangible assets
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
Land
Plant
Buliding
7,173,998.47
79,166.67 -
79,166.67 -
706,000.00
79,166.67 -
79,166.67 -
7,107,248.47 - 5,383,323.01
-
79,166.67 -
79,166.67 -
339,489,283.35
950,000
79,166.67 706,000.00
950,000.00
1,412,000.00
Equipment
Total current asset
2,530,318 267,953,387.31
2,530,318 4,497,764.14
2,530,318 4,495,514.14
2,530,318 4,497,764.14
2,530,318 5,322,764.14
2,530,318 5,270,514.14
2,530,318 5,322,764.14
2,530,318 5,322,764.14
2,530,318 5,320,514.14
2,530,318 5,322,764.14
2,530,318 -
2,530,318 -
4,497,764.14 - 7,286,807.35
30,363,812.04
310,537,471.31

Current Liabilities
Owner's equity
Invester capital
Retained earnings
263,623,823
263,623,823
4,329,564.14
4,497,764.14
4,495,514.14
4,497,764.14
5,322,764.14
5,270,514.14
5,322,764.14
5,322,764.14
5,320,514.14
5,322,764.14
4,497,764.14 - 7,286,807.35
46,913,648.14
267,953,387.31
4,497,764.14
4,495,514.14
4,497,764.14
5,322,764.14
5,270,514.14
5,322,764.14
5,322,764.14
5,320,514.14
5,322,764.14
4,497,764.14 - 7,286,807.35
310,537,471.31

267,953,387.31
4,497,764.14
4,495,514.14
4,497,764.14
5,322,764.14
5,270,514.14
5,322,764.14
5,322,764.14
5,320,514.14
5,322,764.14
4,497,764.14 - 7,286,807.35
310,537,471.31
UTT.Power Company
Balance Sheet
Asset
Jan
Feb
Mar
Apr
May
Jun
345,477,038.32
7,105,954.97
7,103,704.97
7,105,954.97
7,930,954.97
Jul
Aug
Sep
Oct
Nov
7,930,954.97
7,930,954.97
7,928,704.97
7,930,954.97
Dec
Total
Current Asset
Cash
Prepaid Insurance
950,000
-
Intangible assets
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
Land
Plant
Buliding
7,172,704.97
79,166.67 -
79,166.67 -
706,000.00
79,166.67 -
79,166.67 -
7,105,954.97 - 5,384,616.51
-
79,166.67 -
79,166.67 -
415,339,221.53
950,000
79,166.67 706,000.00
950,000.00
1,412,000.00
Equipment
Total current asset
2,530,318 343,817,553.99
2,530,318 4,496,470.64
2,530,318 4,494,220.64
2,530,318 4,496,470.64
2,530,318 5,321,470.64
2,530,318 5,269,220.64
2,530,318 5,321,470.64
2,530,318 5,321,470.64
2,530,318 5,319,220.64
2,530,318 5,321,470.64
2,530,318 -
2,530,318 -
4,496,470.64 - 7,288,100.85
30,363,812.04
386,387,409.49

Current Liabilities
Owner's equity
Invester capital
339,489,283
Retained earnings
4,328,270.64
4,496,470.64
4,494,220.64
4,496,470.64
5,321,470.64
5,269,220.64
5,321,470.64
5,321,470.64
5,319,220.64
5,321,470.64
4,496,470.64 - 7,288,100.85
46,898,126.14
343,817,553.99
4,496,470.64
4,494,220.64
4,496,470.64
5,321,470.64
5,269,220.64
5,321,470.64
5,321,470.64
5,319,220.64
5,321,470.64
4,496,470.64 - 7,288,100.85
386,387,409.49

343,817,553.99
4,496,470.64
4,494,220.64
4,496,470.64
5,321,470.64
5,269,220.64
5,321,470.64
5,321,470.64
5,319,220.64
5,321,470.64
4,496,470.64 - 7,288,100.85
386,387,409.49
339,489,283
UTT.Power Company
Balance Sheet
Asset
Jan
Feb
Mar
Apr
May
Jun
421,324,377.00
7,103,355.47
7,101,105.47
7,103,355.47
7,928,355.47
Jul
Aug
Sep
Oct
Nov
7,928,355.47
7,928,355.47
7,926,105.47
7,928,355.47
Dec
Total
Current Asset
Cash
Prepaid Insurance
950,000
-
Intangible assets
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
Land
Plant
Buliding
7,170,105.47
79,166.67 -
79,166.67 -
706,000.00
79,166.67 -
79,166.67 -
7,103,355.47 - 5,387,216.01
-
79,166.67 -
79,166.67 -
491,157,965.70
950,000
79,166.67 706,000.00
950,000.00
1,412,000.00
Equipment
Total current asset
2,530,318 419,664,892.66
2,530,318 4,493,871.14
2,530,318 4,491,621.14
2,530,318 4,493,871.14
2,530,318 5,318,871.14
2,530,318 5,266,621.14
2,530,318 5,318,871.14
2,530,318 5,318,871.14
2,530,318 5,316,621.14
2,530,318 5,318,871.14
2,530,318 -
2,530,318 -
4,493,871.14 - 7,290,700.35
30,363,812.04
462,206,153.66

Current Liabilities
Owner's equity
Invester capital
415,339,222
Retained earnings
4,325,671.14
4,493,871.14
4,491,621.14
4,493,871.14
5,318,871.14
5,266,621.14
5,318,871.14
5,318,871.14
5,316,621.14
5,318,871.14
4,493,871.14 - 7,290,700.35
46,866,932.14
419,664,892.66
4,493,871.14
4,491,621.14
4,493,871.14
5,318,871.14
5,266,621.14
5,318,871.14
5,318,871.14
5,316,621.14
5,318,871.14
4,493,871.14 - 7,290,700.35
462,206,153.66

419,664,892.66
4,493,871.14
4,491,621.14
4,493,871.14
5,318,871.14
5,266,621.14
5,318,871.14
5,318,871.14
5,316,621.14
5,318,871.14
4,493,871.14 - 7,290,700.35
462,206,153.66
415,339,222
UTT.Power Company
Balance Sheet
Asset
Jan
Feb
Mar
Apr
May
Jun
497,140,495.18
7,100,729.47
7,098,479.47
7,100,729.47
7,925,729.47
Jul
Aug
Sep
Oct
Nov
7,925,729.47
7,925,729.47
7,923,479.47
7,925,729.47
Dec
Total
Current Asset
Cash
Prepaid Insurance
950,000
-
Intangible assets
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
79,166.67 -
Land
Plant
Buliding
7,167,479.47
79,166.67 -
79,166.67 -
706,000.00
79,166.67 -
79,166.67 -
7,100,729.47 - 5,389,842.01
-
79,166.67 -
79,166.67 -
566,945,197.88
950,000
79,166.67 706,000.00
950,000.00
1,412,000.00
Equipment
Total current asset
2,530,318 495,481,010.84
2,530,318 4,491,245.14
2,530,318 4,488,995.14
2,530,318 4,491,245.14
2,530,318 5,316,245.14
2,530,318 5,263,995.14
2,530,318 5,316,245.14
2,530,318 5,316,245.14
2,530,318 5,313,995.14
2,530,318 5,316,245.14
2,530,318 -
2,530,318 -
4,491,245.14 - 7,293,326.35
30,363,812.04
537,993,385.84

Current Liabilities
Owner's equity
Invester capital
491,157,966
Retained earnings
4,323,045.14
4,491,245.14
4,488,995.14
4,491,245.14
5,316,245.14
5,263,995.14
5,316,245.14
5,316,245.14
5,313,995.14
5,316,245.14
4,491,245.14 - 7,293,326.35
46,835,420.14
495,481,010.84
4,491,245.14
4,488,995.14
4,491,245.14
5,316,245.14
5,263,995.14
5,316,245.14
5,316,245.14
5,313,995.14
5,316,245.14
4,491,245.14 - 7,293,326.35
537,993,385.84

495,481,010.84
4,491,245.14
4,488,995.14
4,491,245.14
5,316,245.14
5,263,995.14
5,316,245.14
5,316,245.14
5,313,995.14
5,316,245.14
4,491,245.14 - 7,293,326.35
537,993,385.84
491,157,966
Financial Analysis
Year
Formula
2015
2016
2017
2018
2019
0.66
0.54
0.46
Operating Efficiency Ratio

Total asset Turnover
(times)
Net sales
Average total net
asset
0.39
Operating Profitability Ratio

Gross Profit Margin
Net Profit Margin
Operating Profit Margin
Return on Total Asset
Return on Total Equity
Return on Total capital
Return on Investment
Gross Profit
Net sales
Net Income
Net sales
EBIT
Net sales
Net Income
Average total asset
Net Income
Average total Equity
Net Income
Average total capital
Net income COGS
COGS
65%
65%
65%
65%
65%
41%
41%
41%
41%
41%
51%
51%
51%
51%
51%
16.21%
27%
22.09%
18.73%
16.21%
27%
22.09%
18.73%
16.21%
27%
22.09%
18.73%
17.35%
17.27%
17.19
17.02%
16.85%
Growth Analysis
Retention Rate of
Earning
(RR)
Potential Growth Rate
Payback Period =
Net Income
Dividend
Net Income
RR ROE
50%
50%
50%
50%
50%
8.10%
13.50%
11.04%
9.36%
Investment Cost
Average Annual Income
800,000,000 / 93,777,287.472 = 8.5 years
Operating efficiency analysis

Between 2016 to 2017 percentage increasing showed that the organization have
ability to using asset for generate income more because the organization do not use capital for
fixed asset cause cash increase. After 2017-2018 percentage will be decreasing because net sale in
each year are equal but have long-term depreciation cost constant. It effect to company have ability
for using asset decrease.
Operating Profitability analysis

The organization have gross profit, net profit and operating profit in each years are equal
because we have net sale constant.
The organization can earning to all capital in the enterprise and have rate of return earned on
the capital provided by the equity after paying for all other capital used in the third years
increasing from second year because do not expenditure in fixed asset while in the fourth and fifth
year decreasing because our organization have more expense in salary it effect net income and
retain earning also decrease.
Payback period
Our organization will get investment return about 8.5 years. So, investor will get capital back
will take time about 8 years 6 months. In the same time, the investor gets dividend in each year
for 50% from net income to be profit of investor.
Growth Analysis
Growth rate can be measured from compared to information of previous year or at the
beginning of the change. Our company use previous base of information of previous year
by calculate year per year or period or periods. The calculation in this case will change
every year which is possible may have grown up or decline from a year ago by our
company have growth rate that grow up in first 3 years and decline in 2 years later.
Chapter 8
Risk Management
8.1 Risk of accident in Power Plant

Risk of our company can occur anytime which company cannot control such as fire,
earthquake and flooding etc. Therefore, the company will make contract with insurance
company for risk management and responsibility that can occur by pay compensation follow
condition.
We choose Siam City Insurance because this company provides insurance following;
Fire
Earthquake
Thunderclap
Storm
Flooding
Company name: Siam City Insurance

Address : 44/1 Radchadapisek Rd. Huai Khwang Bangkok 10310
E mail : siamcityinsurance@scil.co.th
Contact : 0-2202-9500
8.2 Risk of Raw material

The Power Plant use bagasse and husk are the main materials (use bagasse and husk
equally 1: 1). The bagasse is the material cannot produce in whole year. (It can produce in
November-April) So, we will stock raw material to produce electricity following;
Order and Stock material
Amount of
material(Per day)
Amount of
productivity
Remain in Stock
( Per day )
( Per day )
Bagasse
550 Ton
250 Ton
300 Ton
Husk
275 Ton
250 Ton
25 Ton
Material in Stock
Per Day
Per Month
Bagasse
300 Ton
9000 Ton
Husk
25 Ton
750 Ton
Note: Bagasse can use to produce for 6 month that it do not have bagasse and husk can use
to produce for 1 month ( for uncertain situation ).
Size of Warehouse
Warehouse
Area
21 Rai
Stock of Bagasse and Husk
120,000 Ton ( Maximum )
Time that can be stored
6 Mouth
Note: Warehouse to stock of bagasse can provide around 120,000 Ton. So, can be store
bagasse for 6 mouths.
Trend of plant (cane)
Source: http://www.ocsb.go.th/th/cms/detail.php?ID=923&SystemModuleKey=journal
8.3 Risk of Machine

The Power Plant use a lot of machine to produce electricity which each machine may
be break down or get worse in quality. Some part of machine may be change in lifespan such
as trap dust equipment and belt. Our company made contract with K.S. Group for 5 years
which this company will maintained all of machine
.
Note: K.S. Group is the company that builds Power Plant and make contract at beginning
which in contract including insurance machine. After terminate a contract in 5 years, our
company also serve (buy equipment and maintenance) of K.S. Group.
8.4 Risk of Community

The company set the goal of social responsibility to conduct the business following;
In Human Right aspect
In Environment aspect
o Green area project
In participate and developed with community

o Development community fund
o childrens day event
o Public health to community project
o Local curriculum project
Our company will continue focus on social responsibility by reforest about 20 Rai for
help reduce pollution. Due to our company produce electricity 10 MW which emission gas
CO2 highest to 35,000 ton per year. Therefore, our company provides trap door for reduce
the amount of CO2 up to 99.5-99.7% but remaining CO2 just 175 ton per year.
We choose 2 types of tree to plant because of it can absorb CO2 more than others.
Banyan1
Tropical Almond2
Banyan
Help to reduce the pollution around 15.5% per unit3.
Tropical Almond
Help to reduce the pollution around 23.4% per unit3.
Source:
http://www.biogang.net/biodiversity_view.php?menu=biodiversity&uid=27441&id=130201
Source: 2http://www.intragroove.com/wp-content/uploads/2012/04/%E0%B8%95%E0
%B9%89%E0%B8%99%E0%B8%AB%E0%B8%B9%E0%B8%81%E0%B8%A7%E0%B8
%B2%E0%B8%87-3.jpg
Source:
http://www.dpt.go.th/agenda2012/images/stories/pdf/agenda13/A3_13.pdf
Part V Project Summary
Chapter 9
Conclusion
Nowadays, in Thailand has rate to use the electricity increase rapidly and in the same
time in our country has electricity do not enough for demand of population in country. So,
Thailand has to import the electricity from neighborhood countries in particular of peak
period that used by population. In additional, Electricity Generating Authority of Thailand
supports private company to invest in electricity factory for meet to sufficiency demand of
population.
The demands to use electricity of Thailand in 10 years ago have the expansion rate
that relate with economic expansion rate that change in same way. The industrial sector is a
main sector that has high proportion to use electricity and push forward to increase in demand
of use electricity. And then, have the percentage of usage electricity increase about 4%.
Our company has the capacity to produce up to 10 MW of electricity by sold to the
Electricity Generating Authority of Thailand (EGAT) about 9.3 MW and 0.7 MW we keep to
use in our factory. Generate the electric energy sold to the Electricity Generating Authority of
Thailand follow by regulation to purchase electricity from vary small power producer
(VSPP). The companies sold the electricity about 9.3 MW to Electricity Generating Authority
of Thailand (EGAT) by make sale contract of VSPP.
In part of sale forecast the UTT Power Plant in each year. The revenue its not change
because of we have constant capacity and price selling that Electricity Generating Authority
of Thailand (EGAT) is determined which we cannot set the price by ourselves. So, revenue
will constant. Due to our company has to produce all the time. We determining to switch for
manage and control the production efficiently.
About risk. Risk is the chance that will incur effect to our company has many factors
that can loss income, manufacture and productivity etc. Our company that provide method for
prevention include with risk of accident, raw material, machine following;
The first is risk from accident in power plant because accident can occur anytime
which company cannot control such as fire, earthquake and flooding etc. Therefore, the
company will make contract with Siam city insurance company for risk management and
responsibility that can occur by pay compensation.
The second is risk from raw material because of nowadays in Thailand have biomass
power plant are raised. Therefore, demand for raw materials will increase and makes affect to
the price of raw materials genera husk, bagasse will increase. So, our company has stock raw
material to prevent a shortage of raw materials in the right quantities.
The third is risk of machine because of our company use a lot of machine to produce
electricity all time. Which makes incur the risk about the ability to work the machine may be
break down or get worse in quality. So, our company made contract with K.S. Group
company for 5 years which this company will maintained all of machine.
The last is risks for local communities that the our company have to make the project
to reduce this risk following; the human right, environment, development community fund,
chilidren's day event, public health in community, and local curriculum project to reduce the
problem and increase the relationship with the community. Moreover, our company has the
project to reduce dusts and protect to distributed pollution to community. They have to trap
door to protect the dust highest to 99.7%. We choose to plant the tree that reduces carbon to
15.5% and 23.4% in an area of 20 Rai for reduce pollution problem and increase the oxygen
in environment too.
In conclusions, UTT Power Plant is established in Uttaradit because of it facilitate to
find and transport the raw material. Our factory use bagasse and husk to produce the
electricity. Uttaradit is the province in Northern and near in many provinces that have a lot of
agricultural products. So, this province have appropriate that to build the Power Plant.

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UTT PowerPlant

Project Feasibility Study and Evaluation 2012

Mae Fah Luang University

Biomass Power Plant

Background and significance of the project

Source: Electricity Generating Authority of Thailand 2012

Electricity Generating Authority of Thailand 2012

Cost of produce electric energy

Baht per Kwh*

Source: Electricity Generating Authority of Thailand 2

Compare labor cost

Minimum Wage (Baht)

Pathum Thani, Phuket, Samut Prakarn, and

Chachoengsao and Saraburi

Phranakorn Sri Ayuddhaya

Nakorn Ratchasima and Prajeenburi

Chiangmai and Ratchaburi

Chanthaburi and Petchburi

Songkhla and Singburi

Nakornsrithammarat and Ang Thong

Prajuabkirikhan, Yala, Samut Songkram and

Nakorn Nayok and Pattani

Trad, Buengkal, Lampoon and Nong Khai

Kamphaengpetch and Uthai Thani

Kalasin, KhonKaen, Chainart and SuphanBuri

Petchaboon, Yasothorn, Roi-ed and Sakon

Sukothai and Nongbualampoo

Pichit, Phitsanulok, Phrae, Mahasarakham,

Tak and Surin

Source: Ministry of labor in Thailand, April 2012

Number of sugar industry in North.

Name Sugar Industry

THIP SUGAR KAMPANGPETCH

THIP SUKOHAI SUGAR INDUSTRY

THAI IDENTITY SUGAR INDUSTRY

UTTARADIT SUGAR INDUSTRY

PHITSANULOK SUGAR INDUSTRY

KAMPHAENGPETCH SUGAR INDUSTRY

NAKHONPETCH SUGAR INDUSTRY

RUAMPHOL NAKHONSAWAN SUGAR INDUSTRY

KASET THAI INDUSTRY SUGAR INDUSTRY

THAI ROONG RUANG SUGAR INDUSTRY

Source: Office of the Cane and Sugar Board

Location of Biomass Power Plant

Uttaradit has labor cost rate cheaper than Nakhonsawan.

1.2 project objective

To study feasibility for open Biomass power plant in Uttaradit province.

To study problem, opportunity, weakness and strength of power plant.

To study of feasibility of financial and analyze risk of Biomass power Plant in

To study in power plant problem that effect to local community.

To know history, problem of power plant, and community problem.

To know about risk and financial of power plant.

To know how to planning and investment in power plant.

To solve problems that occurs in study project.

1.4 Frame work

Chapter 2: Industry Profile

2.1 Nature of industry

Source: Electricity Generating Authority of Thailand

2.1.1 Advantage and limitation of fuel for produce the electricity

Biomass to produce electricity

Used benefit from remain of material

Uncertain of the quantity of material

in agriculture as renewable energy

Fuel managements are difficult