Important Event

  • On October 28, the Board of Directors meeting No. 8/2021 approved to sign an agreement with Electricity Generating Authority of Thailand (EGAT) in order to replace the current contract expiring in April 2024. The decision of the company was the response to Energy Regulatory Commission announcement promoting additional power purchasing from small power producers with cogeneration system whose current contract expiring in 2019-2025. The announcement made on May 6, and required the counter parties to construct new power plant in order to qualified as the new purchase agreement. The Board of Directors also approved to sign a contract with Jurong Engineering Limited from Singapore to design, procure and construct the power plant. The total contract cost was approximately THB 2,476.19 million. The power plant’s electricity generation capacity is 73 megawatts and steam generation capacity 75 tons per hour. This design and construction contracts were made to comply with the conditions set in the renewed long- term power purchased agreement made with EGAT on November 26, 2021.
  • On December 7, the extraordinary general meeting of shareholders no. 1/2021 approved the capital increase 208,695,652 Baht. The registered capital was changed from 955,000,000 Baht to 1,163,695,652 Baht by issuing additional 208,695,652 shares at par value 1.00 Baht. The allotment was set to private placement with the specific issue price.
  • On December 13, Ratch Group Public Company Limited (RATCH) bought the company’s shares at 5.75 Baht per share from the existing major and non-major shareholders amounting 384,789,131 shares or equivalent to 33.07 percent. RATCH also subscribed the private placement share allotment 208,695,652 shares or 17.93 percent. After the transactions completed, RATCH held 593,484,783 shares or 51 percent of total company’s paid-up share, 1,163,695,652 shares at par value 1.00 Baht. RATCH then became the new major shareholder.
  • On December 19, the company signed the new long-term natural gas buying contract with PPT Public Company Limited. The contract lasts 25 years starting from April 2024. The contract was made to support the expansion of new power plant as conditioned in the new electricity sell contract made with EGAT.
  • Sahacogen (Chonburi) Public Company Limited was certified the occupational health and safety management system (ISO 45001:2018) from Management System Certification Institute (Thailand) or MASCI effectively on August 27, 2020
  • Sahacogen (Chonburi) Public Company Limited has received the Corporate Governance Assessment results at the level of “Excellent or five stars” From the survey results of Corporate Governance Report of Thai Listed Companies (CGR) for 2020 by the Thai Institute of Directors (IOD).
  • Sahacogen (Chonburi) Public Company Limited has passed the sustainability assessment criteria for “Thailand Sustainability Investment 2019” (THSI) in group 4 for Market Capitalization between Baht 3,000-10,000 Million. and received the Sustainability Disclosure Acknowledgement from Thaipat Institute.
  • Sahagreen Forest Company Limited. and Sahacogen Green Company Limited (the subsidiary company) received the certification from Thailand’s Private Sector Collective Action Coalition Against Corruption (CAC) for the second time, on December 31, 2020.
  • Sahacogen (Chonburi) Public Company Limited has passed the sustainability assessment criteria for “Thailand Sustainability Investment 2019” (THSI) in group 4 for Market Capitalization between Baht 3,000-10,000 Million. And Company received the Sustainability Disclosure Acknowledgement from Thaipat Institute
  • Sahacogen Green Company Limited. and Sahagreen Forest Company Limited. the subsidiaries received the certification from Thailand’s Private Sector Collective Action Coalition against Corruption (CAC), on February 12, 2018.
  • The Board of Directors’ Meeting No. 4/2018 has approved the investment in Impact Solar Company Limited. for 21% by holding 9,093,000 shares equivalent to Baht 90.93 million. Impact Solor Company Limited. is a private solar power producer and supplier of solar rooftop system.
  • Sahacogen (Chonburi) Public Company Limited has passed the sustainability assessment criteria for “Thailand Sustainability Investment 2018” (THSI) in group 4 for Market Capitalization between Baht 3,000-10,000 Million.
  • November 20, 2017 has commercial operation for III Project of combined-cycle power plant in Saha Group Industrial Park, Sriracha. The capacity of electricity is 28 MW and steam is 15 tons per hour.
  • Sahacogen has certified the quality management system certification (ISO 9001:2015) and (ISO 14001:2015) from Management System Certification Institute (Thailand) or MASCI effectively on September 9, 2017.
  • Sahacogen Green Company Limited. and Sahagreen Forest Company Limited.(its subsidiaries) have been approved on the transition from Adder to Feed-in Tariff (FiT) for generating electricity from renewable energy, which was effective on March 11, 2016 by the National Energy Policy Council (NEPC).
  • The Company certification from Thailand’s Private Sector Collective Action Coalition against Corruption (CAC), No.181 on October 14, 2016 and supporting the subsidiaries, Sahagreen Forest Company Limited. and Sahacogen Green Company Limited. to join CAC project on December 6, 2016.
  • The Board of Directors’ Meeting No. 5/2015 has approved the Expansion III Project of combined-cycle power plant in Saha Group Industrial Park, Sriracha. The Board of Investment, the certification no. 1308(2)/2015, on March 16, 2015. The scheduled commercial operation date for the project is expected to be in 2017.
  • Sahacogen (Chonburi) Public Company Limited has passed the sustainability assessment criteria for “Thailand Sustainability Investment 2015” in section 4: Market Capitalization between Baht 3,000-10,000 Million. Moreover, the Company was awarded “ESG 100 Certificate” for outstanding business operation towards environment, social and governance (100 out of 567 listed companies).
  • Sahacogen Green Company Limited., was awarded “Honorary Awards” in Thailand Green Design Awards 2015 for energy saving product (excluding edible products) from Kasetsart Agricultural and Agro-Industrial Product Improvement Institute (KAPI),Kasetsart University.
  • Sahacogen Green Company Limited., its subsidiary, received the certification in forest management operations that meet the standards of the Forest Stewardship Council (FSC) by Bureau Veritas, with the exhibition on fast growing tree plantation for producing energy in association with the Forest Industry Organization, Ministry of Natural Resources and Environment on June 5, 2015, which will be invalid on June 4, 2020.

  • Sahagreen Forest Company Limited. (Its subsidiary) was awarded Thailand Energy Awards 2015 for renewable energy projects associated with the transmission system (On-Grid) by Department of Alternative Energy Development and Efficiency (DEDE). Moreover, the company also received the prize in “CSR-DIW Awards 2015 for Corporate Social Responsibility projects, and was certified, the certification no. 3-4448/2558, for the Green Industry, level 3, on contribution of environmental system management from the Ministry of Industry on September 30, 2015.

  • Sahacogen (Chonburi) Public Company Limited was awarded Investor Choice Award 2014 organized by Thai Investors Association (TIA), the Stock Exchange Commission (SEC) and the Stock Exchange of Thailand (SET) for having achieved a complete score of 100 on running a quality AGM, which it has now done so for the previous five consecutive years from 2010-2014.
  • Sahacogen was awarded “CSR Recognition Award 2014” from the Stock Exchange of Thailand (SET), which honored and encouraged listed companies running business under sustainable growth. Moreover, it also received the prize in SET Award 2014 for Outstanding Corporate Social Responsibility Awards 2014, (awarded in section “SET Market Capitalization of Baht 2,000 – 10,000 Million”).
  • Sahacogen (Chonburi) Public Company Limited was awarded the CSRI Recognition 2013, general category, held by the Institute of Social Business (CSRI), the Stock Exchange of Thailand.
  • Sahacogen and Affiliates, Sahacogen Green Company Limited., was awarded the outstanding biomass fired cogeneration plant for Renewable Energy, which was organized by the Department of Alternative Energy Development (DEDE), Ministry of Energy. Moreover, it won the ASEAN Energy Awards 2013 for energy conservation and renewable energy development in ASEAN.
  • Sahacogen Green Company Limited., its subsidiary, received the promotion certificate from The Board of Investment of Thailand (BOI), certification no. 1858(3) 2013 in category no: 1.3 economic forest plantations, with the size of the land 1,493 rais on June 19, 2013
  • Sahacogen was certified, the certification no. 3-879/2555, for the Green Industry, level 3, on contribution of environmental system management, monitoring and assessment, and continually review for development from Department of Industrial Works, Ministry of Industry Thailand on October 15, 2012 which is effectively valid on October 14, 2015.
  • Sahacogen established its subsidiary named Sahagreen Energy Company Limited with the registered capital of Baht 40 million on March 16, 2012 to operate and distribute biomass pellets.
  • Sahacogen was certified the occupational health and safety management system (TIS 18001-2011) from Management System Certification Institute (Thailand) or MASCI effectively on September 14, 2012 and recertified in accordance with (BS OHSAS 18001:2007) on December 12, 2014 and recertified every three years.
  • Sahacogen was awarded and certified as standard responsibility of workplace to social on its fundamental in accordance with the assessment criteria from the committee of Department of Industrial Works under CSR-DIW for Beginner Award project on December 19, 2012.
  • Sahacogen received the certification of good corporate practicing in accordance with the criteria of well environmental governance on workplace project for 2010 held by Ministry of Industry Thailand on September 28, 2010.
  • Energy Regulatory Commission approved and issued the license to produce electricity in accordance with the Act Operating Power B.E. 2550 under a license 15 years effective from July 16, 2009 to July 15, 2024 (the previous concession on operation of power plants issued by the Ministry of the Interior during the period of May 26,1998 to May 25, 2013 was cancelled)
  • Sahacogen developed the quality management system certification (ISO 9001:2008) from Management System Certification Institute (Thailand) or MASCI on October 22,2009 and recertified every three years
  • Sahacogen was re-awarded as the good corporate practicing in accordance with the criteria of the reports on environment impact assessment and excellent environmental management of the power plant projects for the year 2008 by the Office of Natural Resources and Environmental Policy and Planning, Ministry of Natural Resources and Environment.
  • Sahacogen was certified the occupational health and safety management system (TIS18001-1999 and BS OHSAS 18001:2007) from Management System Certification Institute (Thailand) or MASCI effectively on December 12, 2008 and recertified every three year.
  • Sahacogen established its subsidiary named Sahagreen Forest Company Limited with the registered capital of Baht 5 million on December 18, 2008, which is the joint venture at holding 75:25 with Siam Forestry Company Limited to operate biomass power plant with the electricity generating capacity of 7.5 megawatts located at Prankratai district, Kamphaengphet province. Sahagreen Forest Company Limited. has presently registered capital of Baht 190 million.
  • Sahacogen was awarded as the good corporate practicing in accordance with the criteria of the reports on environment impact assessment and excellent environmental management of the power plant projects for the year 2007 by the Office of Natural Resources and Environmental Policy and Planning, Ministry of Natural Resources and Environment on December 21, 2007.
  • Sahacogen received the certification of participation in energy conservation program for well successfully achievement from Department of Alternative Energy Development and Efficiency, Ministry of Energy on February 22, 2006.
  • Sahacogen established its subsidiary named Sahacogen Green Company Limited with the registered capital of Baht 250 million on November 2, 2006, with holding major shares to operate biomass power plant with the electricity generating capacity of 9.6 megawatts and 25 tons of steam per hour, located in the Saha Group Industrial Park-Lumphun, Lumphun province. Sahacogen Green Company Limited. has presently registered capital of Baht 1,520 million.
  • Sahacogen completed its expansion project on production electricity capacity of 44 megawatts, as the result, its production capacity is now 174 megawatts of electricity and 81 tons per hour of steam.
  • Sahacogen was certified the quality management system certification (ISO 9001:2000) from Management System Certification Institute (Thailand) or MASCI on September 9, 2005 and recertified every three years.
  • Sahacogen was certified the environment management system (ISO14001:2004) from Management System Certification Institute (Thailand) or MASCI on November 25, 2005 and recertified every three year.
  • Sahacogen traded its share on the Stock Exchange of Thailand, with the symbol of “SCG”, on January 7, 2004.
  • Sahacogen increases its registered capital from Baht 820 million to Baht 955 million and changed its common stock price from 10 Baht to 1 Baht, including selling the recapitalized common shares, totally 135 million shares, to public in order to invest as the equity funding for the 44 megawatts expansion project.
  • Sahacogen obtained authorization from Securities and Exchange Commission to sell its recapitalized shares to public on November 26, 2003 and conduct an Initial Public Offering (IPO) shares at 3.20 Baht/share during December 17-19, 2003
  • Sahacogen was certified the environment management system (ISO14001:1996) from Thailand Environment Institute on February 2, 2002.
  • Sahacogen received the quality management system certification (ISO 9001:2000) for the production of electricity and steam from RWTUV (Thailand) in September
  • Sahacogen has registered as a public limited company on October 4, 2002 and changed its name to Sahacogen (Chonburi) Public Company Limited. 2002
  • Sahacogen has been promoted from the Board of Investment (BOI) on its expansion project for an additional electricity production capacity of 9.8 MW and 20 tons of steam per hour in March 2001.
  • Sahacogen was awarded as the good corporate practicing in accordance with the criteria of the good environmental governance to reduce the environmental impact of the power plant projects for the year 2000 by the Office of Environmental Policy and Planning, Ministry of Science, Technology and Environment on September 20, 2000.
  • Sahacogen commercially operated to distribute electricity to the Electricity Generating Authority of Thailand and other factories in the Saha Group Industrial Park-Sriracha in April 1999, and steam in May 1999
  • Sahacogen signed the raw water purchase agreement with Eastern Water Resources Development and Management Public Company Limited for 25 years.
  • Sahacogen has been promoted from the Board of Investment (BOI), the item of 7.1 on infrastructure and basic services with electricity production capacity of 122 MW and 41 tons of steam per hour.
  • Sahacogen signed the purchase of natural gas with the PTT Public Company Limited for 21 years.
  • Sahacogen increased its capital, on the third, on the amount of Baht 90 million; the total registered capital was Baht 820 million.
  • The capital was firstly increased to the amount of Baht 680 million in June 1997 and was secondly added Baht 30 million in October 1997. As the result of capital increase, its registered capital was totally Baht. 730 million
  • Sahacogen signed the sale of electricity and steam agreement with Saha Pathana Inter-Holding Public Company Limited for 15 years, the sale of electricity contract with the Electricity Generating Authority of Thailand for 25 years, and the operation and service agreement with Operational Energy Group Limited
  • Sahacogen (Chonburi) Company Limited was found to produce electricity and steam power business with the registered capital of Baht 12 million on November 20, 1996.