B.Grimm Power Plc's (BGRIM) third-quarter revenue leaped 56.9% -- thanks to higher electricity tariffs, increased sales volume at home and Vietnam and contributions from the new Thai wind farm.
During the period from July to September, the tariff of power sales increased from Electricity Generating Authority of Thailand's fuel passthrough mechanism as higher natural gas prices and the fuel tariff (Ft).
Harald Link, BGRIM's president, said the company's power supplies to industrial users (IUs) in Thailand continued to increase in the quarter with new buyers taking 33.4-megawatts in the first nine months of 2022.
