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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
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Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
Monday, 05 October 09
SOUTH AFRICAN COAL RISES ON INDIAN BUYING, DOMESTIC DEMAND
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indomi ...
Monday, 05 October 09
COAL TRADING C&O TO INVEST $100 M NEXT YEAR
The Jakarta Post reported that, Coal and Oil (C&0) Group of India plans to invest up to US$100 million in Indonesia next year to acquire coal mi ...
Sunday, 04 October 09
INDONESIAN COAL EXCHANGE FOR PRICE BENCHMARKING IN OFFING
Reuters cited Mr Bob Kamandanu chairman of the Indonesian Coal Producers Association as saying that Indonesia plans to set up a coal exchange to cre ...
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- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- MS Steel International - UAE
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Petron Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Georgia Ports Authority, United States
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Chamber of Mines of South Africa
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- Independent Power Producers Association of India
- The University of Queensland
- VISA Power Limited - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Energy Development Corp, Philippines
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- Jorong Barutama Greston.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
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- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
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- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
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- Global Business Power Corporation, Philippines
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- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Krishnapatnam Port Company Ltd. - India
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- India Bulls Power Limited - India
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Simpson Spence & Young - Indonesia
- Kaltim Prima Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- International Coal Ventures Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Global Coal Blending Company Limited - Australia
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Kumho Petrochemical, South Korea
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Kepco SPC Power Corporation, Philippines
- Africa Commodities Group - South Africa
- Sree Jayajothi Cements Limited - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
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- SMC Global Power, Philippines
- London Commodity Brokers - England
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Billiton Holdings Pty Ltd - Australia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
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