WHAUP Closes the Deal of Two Big Premium Clarified Water Projects for a "Leading Solar Panel Manufacturer from China" and a "Medical Rubber Glove Factory"

Wednesday 17 May 2023 11:15
WHA Utilities and Power Plc. ("WHAUP") won two big projects to supply premium clarified water services to a major solar panel manufacturer from China with the production capacity of 2,920,000 cubic meters per year for 15 years and the contract valued THB 1.8 billion, and a medical rubber glove factory with the capacity of 1,679,000 cubic meters per year and the contract worth THB 1.1 billion. The two deals reinforce WHAUP as a leading utilities provider for water and power.

Mr. Somkiat Masunthasuwun, Chief Executive Officer of WHA Utilities and Power Plc (WHAUP) revealed that the company has been trusted by a major solar panel manufacturer from China, whose factory is in WHA Eastern Seaboard Industrial Estate 4, Rayong, to sign an agreement to provide it a premium clarified water service. Currently, construction of this Premium Clarified Water project is underway and is expected to complete and start commercial operations (COD) in late June 2023, with the production capacity of 2,290,000 cubic meters per year. The 15-year contract period is worth THB 1.8 billion.

Moreover, the company also signed a THB 1.1 billion contract with a medical rubber glove company, which has its factory in the same industrial estate. By using wastewater reclamation, this Premium Clarified Water project has a production capacity of 1,679,000 cubic meters per year and is scheduled to start COD by 2026.

"The two projects are investments under the company's strategy to develop value added products to serve investor demand apart from basic utilities services. Producing premium clarified water from wastewater reclamation is another project that WHAUP has always strived to develop and serve various water demands of customers. It will also build growth opportunities for sustainable business in long term and solve droughts and environmental problems by lowering the quantity of raw water from natural resources and significantly reducing the wastewater release from industrial estates, which is in line with the group of companies' policy as "The Ultimate Solution for Sustainable Growth".

With the mentioned success, it reaffirms that WHAUP's expertise in water management has been recognized by leading business operators, especially those in industrial estates in Eastern Economic Corridor (EEC). The recognition also includes WHAUP's leadership in providing utilities services for water and power in industrial estates, which will build sustainable growth in long term.

Source: Media Planner Consultant