Market study of Waste-to-Energy industry & power sector for an IPO filing

Background

• The client who is a leading cement producer has expanded to Waste-to-Energy (WTE) power producing business under a subsidiary company
• The Company is already the largest WTE in Thailand and South East Asia and undergoing a IPO in the Stock Exchange of Thailand
• WTE is new in Thailand, the Company would like an independent market study report to educate the investors providing background, outlook and prospects of WTE and power sector, particularly Small Power Producers (SPP), in Thailand as well as compared to other countries

Role and methodology

• The report covers the regulatory framework of power sector in Thailand, the policy and Power Development Plan (PDP) including target capacity and tariff and incentive systems
• Opportunity of WTE and Refuse-Derived Fuel (RDF) in Thailand, international benchmark, and challenges in waste supply and characteristics of waste in Thailand
• Analysis of potential power capacity from WTE in Thailand and competitiveness of cement producers in WTE industry
• Collaborate with Financial and Legal Advisory teams for content consistency with Offering Circular document

Project outcome

• Market study reports in English and Thai were completed on time and consistent with Offering Circular document from Financial and Legal teams
• The IPO filing was completed

Keywords: Waste-to-Energy, SPP, Power Plant, Market Study, IPO Filing, Cement Producer, RDF