The Asset, under Asia Infrastructure Awards, honored Sermsang Solar project of Sermsang Palang Ngan Co., Ltd (SPN) with the Best energy/Renewable energy deal of 2015. The crucial value infrastructure plays in driving growth in Asia inspires Asia Infrastructure Awards. The award aims to recognize private corporations’ relentless effort to push for economic growth via infrastructure investment.
Sermsang Palang Ngan Co., Ltd (SPN), which is now a subsidiary of Sermsang Power Corporation Public Company Limited, has completed Sermsang Solar project (SS), its first and flagship project of 40 MW (52 MW installed) solar farm in Lopburi, Thailand. SS is under contract with Electricity of Generating Authority of Thailand on a Non-Firm basis that renews every five years. SS will sell electricity with an adder of 6.50 baht per kwh for ten years from commercial operation date.