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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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Friday, 11 September 09
L&T EYES AUSSIE COAL MINE
Commodity Online reported that, Larsen and Toubro is in talks to buy a thermal coal mine in Australia for about $300 million. Thermal coal is used f ...
Wednesday, 09 September 09
CHINESE INTEREST IN AUSTRALIA COAL TICKS UP AS PRICES FALL
After a lull of about two months, Australian thermal coal producers are now seeing renewed interest from Chinese buyers for spot cargoes in the four ...
Wednesday, 09 September 09
SALES FORECAST UP ON BETTER DISTRIBUTION
The Jakarta Post reported that, State coal producer PT Tambang Batubara Bukit Asam (PT BA) expects coal sales to rise by 11 percent next year as it ...
Wednesday, 09 September 09
NTPC HIRES MACQUARIE TO ADVISE INDONESIA COAL MINE PURCHASE
Bloomberg reported that, NTPC Ltd., Asia’s biggest power utility by value, has hired Macquarie Group Ltd. to evaluate a proposed coal mine pur ...
Tuesday, 08 September 09
SOUTH AFRICAN COAL FALLS MOST IN 11 WEEKS ON EXCESSIVE PRICES
Bloomberg reported that, Prices for coal shipped from South Africa’s Richards Bay, site of the world’s largest export terminal for the f ...
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- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Global Coal Blending Company Limited - Australia
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
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- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Minerals Council of Australia
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- Directorate Of Revenue Intelligence - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- The Treasury - Australian Government
- New Zealand Coal & Carbon
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
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- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
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- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
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- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- Indian Oil Corporation Limited
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
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- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Business Power Corporation, Philippines
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- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
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- Bhatia International Limited - India
- White Energy Company Limited
- Edison Trading Spa - Italy
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Vizag Seaport Private Limited - India
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Central Java Power - Indonesia
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Essar Steel Hazira Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- Kepco SPC Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- GMR Energy Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Tata Chemicals Ltd - India
- International Coal Ventures Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Kobexindo Tractors - Indoneisa
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