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Kinetic Energy initiates projects that save energy for industrial users by selling lower costs of power and steam and also selling electricity to the grid through Electricity Generating Authority of Thailand (EGAT) and Provincial Electricity Authority (PEA) .As such, the country as a whole will save energy relative to the use of conventional energy sources such as fuel oil, diesels, etc.
Kinetic Energy provides Engineering Procurement and Construction (EPC) on a turnkey basis to prevent costs overrun that may occur in ordinary projects. The company also performs projects management for customers in order to organize all the works properly and prevent delay of work.
Kinetic Energy not only services in the first year of operation but it also looks after the customers in long run by providing operating & maintenance services to ensure that the power plants system be viable and sustainable with certainty.
Prior to the power and steam generation, Kinetic Energy acquires, transports and definitely performs fuels treatment to make it compatible with the power plant systems to maximize energy efficiency when the energy converts from heat inside the fuels into steam in the boiler, turbine and again converted into electricity through the generator. Kinetic Energy needs to ensure that the property of fuels must be qualified with the power plant system in terms of moisture content, size, weight, dimension to serve the power plants successfully.
Kinetic Energy commits with the projects it works on by investing the money with energy consumers to make confidence that the projects are not failure and short of financial support. The company has financial capability of setting up the first venture capital fund with renewable energy focus, namely Alternative Energy Management Venture Capital Limited with Baht 200,000,000 in registered capital since January 2006
Alternative Energy Management Venture Capital Limited is major shareholders of Kinetic Energy with Baht 200,000,000 regulated under the SEC of Thailand no.1/2549 under the Royal Decree 396 has the fund raising potentials from various sources, private placement, government funds as well as IPO sources. Besides the company is debt-free because it invests in power projects and subsidiary companies are the one who borrow money from financial institutions in accordance with project characteristics. This is so called “Power Project Finance”. Therefore, the Company has a strong potential to raise more fund both debt and equity financings.
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