3 years ago

Glow Energy Plc. Results of Q1-2011 13 May 2011

Glow Energy Plc. Results of Q1-2011 13 May 2011

Projects under

Projects under consideration: Houay Ho Expansion - LaosLocation:Target:Type:Contracts:Status:TIC:Attapeu Province, Laos PDRTo enhance the profitability and usage rate ofexisting Houay Ho reservoir and transmissionlineNew run-of-river hydro power plant projectclose to HHPC, based on joint operationscheme, capacity increase ca. 100 MWTarget to extend the existing Concession(GoL) and PPA (EGAT)MoU with GoL to conduct full feasibility studysigned in March 2010Consultants for pre-engineering, feasibilitystudy, EIA, topographic survey, and UXOclearance have started works during Q2/2010.Estimated 220 MUSDHouay HoGlow 26

Projects under consideration: wind farmLocation:Target:Type:Contracts:Status:TIC:North-East ThailandTo utilise the high tariff guaranteed by theGovernment and to diversify energyproduction to renewablesWind Farm with capacity of ca. 100 MWAlternatives sought due to land rightchallenges by a) partnering with otherdeveloper(s) and/or b) identifying new sitesin different locationsPPA (EGAT)• Further study to determine the mostfeasible size on-going.• Pre-feasibility assessment ongoing forprojects proposed by potential partners.• Site selection study ongoing foralternative sites (TE)To be determined, based on final sizingGlow 27

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