Page 287 - PWA_2023_Annual_Report
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Provincial Waterworks Authority  Annual Report 2023 285





                  8.  Private Joint Venture Projects (Cont.)


                                                  Period of
                   Project   Private joint venture  contract  Private company
                    No.          contract                     jointly invested       Conditions in the contract
                                                 Year/Dated

                                                                               to operate a business. The Supreme Administrative
                                                                              Court; therefore, issued Order No. 976/2022
                                                                              dated 22 December 2022, reversing the order
                                                                              specifying the measures or a method of protection
                                                                              for temporary injunction before the judgment
                                                                              of the Administrative Court of First Instance.
                                                                              It ordered PWA to stop purchasing water
                                                                              supply (sea water) from the company from
                                                                              12 January 2023 onwards.

                     4    Sattahip Water Supply   30 years   Eastern Water   - The contract commenced from 28 February
                          Project                28 July 2000  Resource       2001 to 27 February 2031.
                                                  Amended    Development and   - The company pays a return to PWA at a
                                                 18 October   Management      specified rate of 7% of monthly water sales and
                                                    2004     Public Company   service.
                                                             Limited         - The amended contract specified an additional
                                                                              construction of production system for Pattaya
                                                                              Waterworks.
                                                                             - The water price rate was set according to the
                                                                              specified calculation formula and the minimum
                                                                              water quantity purchased.
                                                                             - PWA  has  to  pay  compensation  to  the
                                                                              company for the minimum water quantity and
                                                                              the quality determined. In case the quality is
                                                                              lower than the standard, the company has to
                                                                              compensate  to  PWA  at  the  rate  of  5%
                                                                              if lower than the highest level and at the rate
                                                                              of 10% if lower than the acceptable level.
                                                                              The company will pay benefits to the PWA
                                                                              at the rate of 0.01% of total revenue from
                                                                              distributing water to Pattaya Waterworks.
                                                                             - Any ownership of additional installed and
                                                                              modified facilities shall belong to PWA after
                                                                              the contract ends [in terms of distribution
                                                                              system and remote control system or SCADA.

                     5    Nakhon Pathom -         30 years   TTW PLC.        - The contract commenced from 21 July 2004 -
                          Samut Sakhon Water    21 September  Or Thai Tap Water   20 July 2034.
                          Supply Project (BOO)      2000     Supply Public   - The company shall retain the ownership of
                                                             Company Limited   production system facilities, including land,
                                                             (previously named   after the contract ends.
                                                             VKCS (Thailand)   -  The water price rate is set according to the
                                                             Co., Ltd.)       specified calculation formula and the minimum
                                                                              water quantity purchased is determined.
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