COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 18 August 09
BANPU TO FOCUS ON CORE BUSINESS


Banpu, the country's leading energy firm, expects to conclude its four-year strategic plan next month, resulting in a strengthening of its core businesses by acquiring power plants and coal mines in Indonesia, Australia and China.

The revised plan will cover the period from 2010 to 2013.

The Nation, Thailand's one of th eleading new paper reported that, Chief executive officer Chanin Vongkusolkit said yesterday that as a result of the global economic crisis, many multinational firms had shifted their focus to core businesses. Some of them have been forced to sell all or some of their investments in this region.

"This is an opportunity for Banpu to acquire power plants and coal mines in the region in order to strengthen its existing power and coal-mining business," he said.

Like other firms, Banpu has revised its strategic plan since the outbreak of the world economic crisis by focusing on its core competency rather than diversifying into other businesses.

"We expect our revised business plan will be in line with the economic recovery," said Chanin.

Banpu yesterday revealed a second-half net profit of Bt8.78 billion, up 101 per cent from the same period last year.

The power business generated Bt6.47 billion and the remainder came from coal-mining.

The company posted Bt26.56 billion in sales revenue, up 34.75 per cent from Bt19.71 billion in the same period last year.

"The reason for posting a doubling of net profit in the first half is having booked selling prices, which were higher than those in the same period last year," said Chanin.

In addition, he said the revenue-sharing of coal business in China was favourable, as coal prices there were still at a high level.

Chanin said that in the first half of this year Banpu had delivered 8.6 million tonnes of coal to Indonesia. Its target for the full year is 20.5 million tonnes.

"However, the company expects its results in this year's second half will not be as good as the first half because of lower coal prices," he said.

He added that the earnings contribution from its subsidiary BLCP's power plant in the second half would be lower than in the first period, as it would have to stop operations for maintenance.
Source: The Nation



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...


Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...


Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...


Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...


Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...


   1272 1273 1274 1275 1276   
Showing 6366 to 6370 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Coal India Limited
  • Energy Development Corp, Philippines
  • Bhatia International Limited - India
  • Vale Mozambique
  • Mintek Dendrill Indonesia
  • Formosa Plastics Group - Taiwan
  • SRK Consulting
  • Tata Power - India
  • Thai Mozambique Logistica
  • Salva Resources Pvt Ltd - India
  • Indika Energy - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • PLN - Indonesia
  • IEA Clean Coal Centre - UK
  • Commonwealth Bank - Australia
  • Noble Europe Ltd - UK
  • The India Cements Ltd
  • Indonesia Power. PT
  • PTC India Limited - India
  • Thriveni
  • Kapuas Tunggal Persada - Indonesia
  • Gujarat Mineral Development Corp Ltd - India
  • Directorate Of Revenue Intelligence - India
  • Chamber of Mines of South Africa
  • London Commodity Brokers - England
  • APGENCO India
  • Toyota Tsusho Corporation, Japan
  • Rudhra Energy - India
  • CNBM International Corporation - China
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Kumho Petrochemical, South Korea
  • Bahari Cakrawala Sebuku - Indonesia
  • Siam City Cement PLC, Thailand
  • PLN Batubara - Indonesia
  • Sojitz Corporation - Japan
  • Global Green Power PLC Corporation, Philippines
  • Ministry of Transport, Egypt
  • Bangkok Bank PCL
  • IHS Mccloskey Coal Group - USA
  • Bangladesh Power Developement Board
  • Kohat Cement Company Ltd. - Pakistan
  • IMC Shipping - Singapore
  • European Bulk Services B.V. - Netherlands
  • NTPC Limited - India
  • Krishnapatnam Port Company Ltd. - India
  • PetroVietnam Power Coal Import and Supply Company
  • SASOL - South Africa
  • Indorama - Singapore
  • Petrosea - Indonesia
  • Indo Tambangraya Megah - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Bukit Makmur.PT - Indonesia
  • MEC Coal - Indonesia
  • Geoservices-GeoAssay Lab
  • Samsung - South Korea
  • Ministry of Finance - Indonesia
  • PetroVietnam
  • Jaiprakash Power Ventures ltd
  • OPG Power Generation Pvt Ltd - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Indian School of Mines
  • Carbofer General Trading SA - India
  • Minerals Council of Australia
  • Argus Media - Singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Platou - Singapore
  • BRS Brokers - Singapore
  • Russian Coal LLC
  • Tanito Harum - Indonesia
  • Adaro Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Asia Cement - Taiwan
  • Electricity Generating Authority of Thailand
  • SMC Global Power, Philippines
  • Ernst & Young Pvt. Ltd.
  • TNPL - India
  • Britmindo - Indonesia
  • Star Paper Mills Limited - India
  • Price Waterhouse Coopers - Russia
  • Binh Thuan Hamico - Vietnam
  • Savvy Resources Ltd - HongKong
  • Madhucon Powers Ltd - India
  • Central Electricity Authority - India
  • Cebu Energy, Philippines
  • Trasteel International SA, Italy
  • Cosco
  • HSBC - Hong Kong
  • Mitra SK Pvt Ltd - India
  • Attock Cement Pakistan Limited
  • bp singapore
  • Larsen & Toubro Limited - India
  • GAC Shipping (India) Pvt Ltd
  • PowerSource Philippines DevCo
  • Grasim Industreis Ltd - India
  • Humpuss - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Freeport Indonesia
  • Bukit Baiduri Energy - Indonesia
  • Riau Bara Harum - Indonesia
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • The State Trading Corporation of India Ltd
  • MS Steel International - UAE
  • Uttam Galva Steels Limited - India
  • Singapore Mercantile Exchange
  • Bank of China, Malaysia
  • CESC Limited - India
  • Asmin Koalindo Tuhup - Indonesia
  • Wilmar Investment Holdings
  • Pipit Mutiara Jaya. PT, Indonesia
  • Sree Jayajothi Cements Limited - India
  • RBS Sempra - UK
  • SMG Consultants - Indonesia
  • Deutsche Bank - India
  • Alfred C Toepfer International GmbH - Germany
  • Banpu Public Company Limited - Thailand
  • Maruti Cements - India
  • Cigading International Bulk Terminal - Indonesia
  • Barasentosa Lestari - Indonesia
  • Sarangani Energy Corporation, Philippines
  • Coastal Gujarat Power Limited - India
  • Mitsui
  • Thermax Limited - India
  • Kalimantan Lumbung Energi - Indonesia
  • Anglo American - United Kingdom
  • Inco-Indonesia
  • Africa Commodities Group - South Africa
  • Berau Coal - Indonesia
  • Credit Suisse - India
  • Australian Commodity Traders Exchange
  • VISA Power Limited - India
  • Jindal Steel & Power Ltd - India
  • Planning Commission, India
  • Cement Manufacturers Association - India
  • New Zealand Coal & Carbon
  • Maheswari Brothers Coal Limited - India
  • Sical Logistics Limited - India
  • WorleyParsons
  • The University of Queensland
  • CCIC - Indonesia
  • Core Mineral Indonesia
  • JPMorgan - India
  • ETA - Dubai
  • Aditya Birla Group - India
  • OCBC - Singapore
  • EIA - United States
  • Semirara Mining and Power Corporation, Philippines
  • U S Energy Resources
  • Asian Development Bank
  • Orica Mining Services - Indonesia
  • Lanco Infratech Ltd - India
  • Malabar Cements Ltd - India
  • Karaikal Port Pvt Ltd - India
  • Gujarat Electricity Regulatory Commission - India
  • GMR Energy Limited - India
  • Billiton Holdings Pty Ltd - Australia
  • Heidelberg Cement - Germany
  • Central Java Power - Indonesia
  • Parliament of New Zealand
  • Maharashtra Electricity Regulatory Commission - India
  • ASAPP Information Group - India
  • Siam City Cement - Thailand
  • TeaM Sual Corporation - Philippines
  • Indian Oil Corporation Limited
  • Barclays Capital - USA
  • Tamil Nadu electricity Board
  • SGS (Thailand) Limited
  • Platts
  • Coalindo Energy - Indonesia
  • Kideco Jaya Agung - Indonesia
  • Indian Energy Exchange, India
  • Meralco Power Generation, Philippines
  • Therma Luzon, Inc, Philippines
  • Meenaskhi Energy Private Limited - India
  • GB Group - China
  • Simpson Spence & Young - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • CIMB Investment Bank - Malaysia
  • BNP Paribas - Singapore
  • Japan Coal Energy Center
  • Standard Chartered Bank - UAE
  • globalCOAL - UK
  • Gupta Coal India Ltd
  • Cargill India Pvt Ltd
  • Antam Resourcindo - Indonesia
  • Clarksons - UK
  • World Bank
  • Sinarmas Energy and Mining - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Altura Mining Limited, Indonesia
  • Australian Coal Association
  • Semirara Mining Corp, Philippines
  • Coal Orbis AG
  • IBC Asia (S) Pte Ltd
  • Gujarat Sidhee Cement - India
  • Merrill Lynch Bank
  • Reliance Power - India
  • San Jose City I Power Corp, Philippines
  • Panama Canal Authority
  • Marubeni Corporation - India
  • Baramulti Group, Indonesia
  • Permata Bank - Indonesia
  • JPower - Japan
  • Mitsubishi Corporation
  • Eastern Coal Council - USA
  • Romanian Commodities Exchange
  • Rio Tinto Coal - Australia
  • Bhoruka Overseas - Indonesia
  • Ind-Barath Power Infra Limited - India
  • Pendopo Energi Batubara - Indonesia
  • Parry Sugars Refinery, India
  • Kartika Selabumi Mining - Indonesia
  • India Bulls Power Limited - India
  • Renaissance Capital - South Africa
  • Metalloyd Limited - United Kingdom
  • Vijayanagar Sugar Pvt Ltd - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Infraline Energy - India
  • Ince & co LLP
  • Vitol - Bahrain
  • ACC Limited - India
  • TGV SRAAC LIMITED, India
  • Sucofindo - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Agrawal Coal Company - India
  • Peabody Energy - USA
  • Coeclerici Indonesia
  • Indogreen Group - Indonesia
  • KOWEPO - South Korea
  • Posco Energy - South Korea
  • Electricity Authority, New Zealand
  • Kaltim Prima Coal - Indonesia
  • McConnell Dowell - Australia
  • World Coal - UK
  • Runge Indonesia
  • Manunggal Multi Energi - Indonesia
  • Mjunction Services Limited - India
  • Bank of America
  • EMO - The Netherlands
  • Straits Asia Resources Limited - Singapore
  • Petron Corporation, Philippines
  • Bayan Resources Tbk. - Indonesia
  • Energy Link Ltd, New Zealand
  • Xindia Steels Limited - India
  • Glencore India Pvt. Ltd
  • Oldendorff Carriers - Singapore
  • IOL Indonesia
  • Interocean Group of Companies - India
  • Sakthi Sugars Limited - India
  • Global Business Power Corporation, Philippines
  • TANGEDCO India
  • Independent Power Producers Association of India
  • Videocon Industries ltd - India
  • Vedanta Resources Plc - India
  • J M Baxi & Co - India
  • Port Waratah Coal Services - Australia
  • Jorong Barutama Greston.PT - Indonesia
  • Makarim & Taira - Indonesia
  • Ministry of Mines - Canada
  • Total Coal South Africa
  • Arch Coal - USA
  • Maersk Broker
  • Merrill Lynch Commodities Europe
  • Samtan Co., Ltd - South Korea
  • McKinsey & Co - India
  • UOB Asia (HK) Ltd
  • Arutmin Indonesia
  • Goldman Sachs - Singapore
  • KPCL - India
  • Vizag Seaport Private Limited - India
  • Enel Italy
  • Essar Steel Hazira Ltd - India
  • Mechel - Russia
  • Inspectorate - India
  • Surastha Cement
  • Fearnleys - India
  • PNOC Exploration Corporation - Philippines
  • Pinang Coal Indonesia
  • UBS Singapore
  • SN Aboitiz Power Inc, Philippines
  • Jatenergy - Australia
  • Edison Trading Spa - Italy
  • Wood Mackenzie - Singapore
  • Globalindo Alam Lestari - Indonesia
  • Bulk Trading Sa - Switzerland
  • Indonesian Coal Mining Association
  • TNB Fuel Sdn Bhd - Malaysia
  • Iligan Light & Power Inc, Philippines
  • GNFC Limited - India
  • Ceylon Electricity Board - Sri Lanka
  • Dalmia Cement Bharat India
  • South Luzon Thermal Energy Corporation
  • KEPCO - South Korea
  • Bharathi Cement Corporation - India
  • Orica Australia Pty. Ltd.
  • Latin American Coal - Colombia
  • ING Bank NV - Singapore
  • Directorate General of MIneral and Coal - Indonesia
  • Bhushan Steel Limited - India
  • Coal and Oil Company - UAE
  • ANZ Bank - Australia
  • Cardiff University - UK
  • KPMG - USA
  • Medco Energi Mining Internasional
  • Georgia Ports Authority, United States
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • The Treasury - Australian Government
  • Aboitiz Power Corporation - Philippines
  • Shenhua Group - China
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mercuria Energy - Indonesia
  • Adani Power Ltd - India
  • DBS Bank - Singapore
  • GHCL Limited - India
  • Intertek Mineral Services - Indonesia
  • Gresik Semen - Indonesia
  • Qatrana Cement - Jordan
  • Eastern Energy - Thailand
  • CoalTek, United States
  • Mercator Lines Limited - India
  • GVK Power & Infra Limited - India
  • White Energy Company Limited
  • Tata Chemicals Ltd - India
  • Global Coal Blending Company Limited - Australia
  • ICICI Bank Limited - India
  • Thomson Reuters GRC
  • NALCO India
  • Timah Investasi Mineral - Indoneisa
  • Ambuja Cements Ltd - India
  • Borneo Indobara - Indonesia
  • Moodys - Singapore
  • Kobe Steel Ltd - Japan
  • Power Finance Corporation Ltd., India
  • Maybank - Singapore
  • Miang Besar Coal Terminal - Indonesia
  • Thiess Contractors Indonesia
  • Lafarge - France
  • Xstrata Coal
  • Neyveli Lignite Corporation Ltd, - India
  • Petrochimia International Co. Ltd.- Taiwan
  • Thailand Anthracite
  • Kobexindo Tractors - Indoneisa
  • Idemitsu - Japan
  • Karbindo Abesyapradhi - Indoneisa
  • Shree Cement - India
  • Economic Council, Georgia
  • Malco - India
  • Holcim Trading Pte Ltd - Singapore
  • TRAFIGURA, South Korea
  • Kepco SPC Power Corporation, Philippines
  • Deloitte Consulting - India
  • LBH Netherlands Bv - Netherlands
  • Cemex - Philippines
  • Rashtriya Ispat Nigam Limited - India
  • SUEK AG - Indonesia
  • Coaltrans Conferences