The project is comprised of three phases with the first phase of 30-MW capacity aiming to achieve its COD (Commercial Operation Date) within 2020, the company’s chief executive officer Sutee Sukruan said yesterday.

The company reported a net profit of Bt2.35 billion in the first half of this year, down 18.4 per cent from the same period last year.

Meanwhile, its parent company Banpu Plc has announced a net profit of Bt2.7 billion in the first half , a fall of 26.8 per cent from the same period last year.