Home » Business » “QTC” to bid for the PEA-MEA event worth 1.5 billion in 2Q21

“QTC” to bid for the PEA-MEA event worth 1.5 billion in 2Q21


“QTC” to bid for the PEA and MEA events worth 1.5 billion in 2Q21

Mr. Poonphiphat Tantanasin Chief Executive Officer QTC Energy Public Company Limited or QTC Manufacturer, distributor and service of transformers Revealed the business plan for the year ’64 that the company has a proactive strategy to penetrate the market in both the transformer distribution, service and trading business. From being a distributor of solar cells for LONGI Solar

Sales of Huawei Solar Inverter, a product that converts direct current (DC) to alternating current (AC) for use with panels.Solar cell Including the sales of DE BUSDUCT both domestically and internationally, the company set a total revenue target of 1.2 billion baht, divided into revenue from transformer business 900 million baht and trading business 300 million baht.

This is due to the operational commitment which is the result of the strategy adjustment over the past year. As a result, the company has already received orders from both domestic and international customers. As a result, the company has continued sales from the previous year to the present of more than 320 million baht, divided into foreign transformer sales of 200 million baht, domestic transformer sales of 90 million baht. By being a distributor of solar panels for LONGI Solar amounting to 30 million baht

In addition, the company is in the process of negotiating. To sign a contract to be a distributor of solar panels With two other partners expected to be concluded soon, the highlight of the solar panel that QTC is selling to LONGI is that it is a Tier 1 solar panel that is recognized as the best with modules. Half-Cut Technology solar cells with the highest efficiency up to 98% and can still generate power even in low light conditions. And able to generate electricity continuously for more than 25 years and in 2021 will present 540 W solar panels for sale in Thailand. From the current it has a maximum size of 450 W

“I must admit that LONGI Solar Technology Co., Ltd. is the first and largest operator to develop large-scale solar panel innovations. Which in addition to increasing the efficiency of the use of solar panels Got more Can also help investors have a higher power generation capacity From the same installation space Which is considered worth investing in the long term “

Mr. Poonphiphat Went on to say that From the situation of the epidemicCOVID-19 (Covid-19) From the first round toNew wave of COVID-19At the moment, QTC has been affected in terms of logistics. But in terms of sales, there is still coming in continuously. Especially abroad It can be seen that orders have been entered since the beginning of the year to 200 million baht because we have developed innovations in the form of Smart transformers that facilitate the monitoring of the quality of the transformers all the time. Especially the Super Low Loss (Amorphous) transformers that QTC is a manufacturer, which is recognized from abroad such as Japan, Australia and Laos, etc.

For the overview of the transformer business in that country Still depends on driving the investment sector in the country And opening auctions for government works that gradually come out, such as the community power plant project PromotionElectric train Or “Evie” (EV) Increased, etc., which will be a successor to the continuous increase in demand for transformers.

However, the company still has plans to bid for the event.Regional Electricity (PEA) ,Metropolitan Electricity Authority (MEAThe total value is approximately 1.5 billion baht and is expected to receive at least 10% of the job value, with results expected to be announced in the second and third quarter of this year.

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