TPIPP Acquires a 20-Year Solid Waste Disposal System Management in Songkhla

TPI Polene Power Public Company Limited (TPIPP) informed that on January 25, 2021 Songkhla Provincial Administration Organization has announced TPIPP as the winner of the bidding for jointly private procurement in the construction and management of solid waste disposal system, Songkhla Provincial Administration Organization by Tender Method.

 

On December 4, 2020, TPIPP submitted the bidding proposal for jointly private procurement in the construction and management of solid waste disposal system so as to be the operator of the solid waste disposal project, Songkhla Provincial Administration Organization.

 

Under the terms and conditions as stipulated in the Terms of Reference (TOR), the minimum solid waste is 400 tons per day for the period of 20 years, and the winner of the bidding will receive tipping fee from waste disposal of Baht 400 per ton (adjustable upward by 10% in every 3 year) and receive revenue from electricity sales derived from waste disposal under a power purchase agreement of 7.92 MW for the period of 20 years, at the rate of Baht 5.78 per unit for the first 8 years and Baht 5.08 per unit for the next consecutive 12 years, respectively.