EXIM Thailand signed a financial facility agreement worth 2,205 million yen or approximately 661.50 million baht with Thai Luxe Enterprises Plc. to support the company's investment in eight geothermal power plant projects with a total capacity of 1,000 kW in Beppu, Oita Prefecture, Japan's largest source of hot springs.
The company has planned power sales to Kyushu Electric Power Company at a tariff rate of 40 yen/unit over a 15-year term.
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