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

Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...


Tuesday, 25 August 09
INDIAN FIRM TO INVEST $44 MN IN INDONESIA
Economic Times - India Times reported that, BEML Limited, India-based second largest heavy equipment producer in Asia, will invest $44 million in In ...


Tuesday, 25 August 09
BHARAT LOOKS TO BULLDOZE RIVALS WITH LOWER PRICES
The Jakarta Globe reported that, The country’s two established heavy equipment suppliers now have a competitor in the form of Indian firm Bhar ...


Tuesday, 25 August 09
PIKE RIVER DELAYS COAL EXPORTS FROM NEW ZEALAND MINE
South African mining Weekly reported that, The first 60,000-t export shipment from ASX-listed Pike River Coal’s new mine has been delayed unti ...


Monday, 24 August 09
INDONESIAN GOVT ASKED TO CONTROL COAL TRADERS, BROKERS
The Jakarta Post, the leading English news paper in Indoneisa reported that, Businesses are urging the government to bring all coal traders and brok ...


   1294 1295 1296 1297 1298   
Showing 6476 to 6480 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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