Thai Tap Water Supply Plc (TTW) has been the tap water producer and distributor since 2004 for the Provincial Waterworks Authority (PWA) in two provinces west of Bangkok: Nakhon Pathom (Nakhon Chaisi, Sam Phran and Buddha Monthon districts) and Samut Sakhon (Muang and Krathum Baen districts). The company has a maximum production capacity of 440,000 cubic metres per day and a minimum tap water purchase contract from the PWA for 327,000 cmpd or about 70% of capacity. Somkiat Pattamamongkolchai, the accounting and finance manager, discusses the company's strategy and outlook.What is TTW's business model?
Water leakage for the firm is only 5%, says Mr Somkiat.
TTW has three businesses, all of which are involved in the water industry. Since 2004 we have been the producer and distributor to the PWA in two provinces west of Bangkok: Nakhon Pathom and Samut Sakhon. Our subsidiary, Pathum Thani Water (PTW), has been the tap water producer and distributor to the PWA in the Pathum Thani-Rangsit area since 1998. And finally in 2009, we expanded into wastewater management by purchasing the rights to produce tap water and treat wastewater at Bangpa-in Industrial Estate. There are three key components to the business of tap water: the production system, the transmission system and the local distribution network. TTW has all three, while PTW has production and transmission.
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