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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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Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...
Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...
Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...
Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI was at 2,468 points.
...
Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...
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- Coal and Oil Company - UAE
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Energy Development Corp, Philippines
- The University of Queensland
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Ambuja Cements Ltd - India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
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- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Gujarat Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Marubeni Corporation - India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Planning Commission, India
- Goldman Sachs - Singapore
- Cigading International Bulk Terminal - Indonesia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
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- TeaM Sual Corporation - Philippines
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- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
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- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Singapore Mercantile Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- GMR Energy Limited - India
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Jindal Steel & Power Ltd - India
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Bhatia International Limited - India
- Thai Mozambique Logistica
- SN Aboitiz Power Inc, Philippines
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Orica Australia Pty. Ltd.
- Grasim Industreis Ltd - India
- Australian Coal Association
- IEA Clean Coal Centre - UK
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
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- AsiaOL BioFuels Corp., Philippines
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- Baramulti Group, Indonesia
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Java Power - Indonesia
- India Bulls Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Bulk Trading Sa - Switzerland
- Maheswari Brothers Coal Limited - India
- Chamber of Mines of South Africa
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