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

Monday, 24 August 09
10,000 MW TO BE GENERATED THROUGH THAR COAL RESERVES BY 2020
  Four projects of 2450 MW approved; govt to invest Rs80bn in five years on infrastructure The News Pakistan reported that, The Thar Coal a ...


Monday, 24 August 09
10 LAKH (1 MILLION) TONNE COAL BURNT IN KPT
Times of India reported that, In an unusual phenomenon, 10 lakh tonne coal cache stored at a plot in Kandla Port Trust was reduced to ashes after it ...


Monday, 24 August 09
LANCO IN TALKS FOR INDONESIAN COAL MINE
Economic Times of India reported that, Infrastructure company Lanco Infratech is in advanced talks with Indonesian engineering, procurement and cons ...


Saturday, 22 August 09
'THE BDI IS LIKELY TO BE HOLDING AROUND 2,500 POINTS' - SHIPPING UPDATE
COALspot.com (Singapore): The dry bulk market continued to be soft and the BDI dropped by 10 percent this week and closed at 24,68 points this week. ...


Saturday, 22 August 09
INDIAN COAL BUYERS RE-EMERGE WITH FRESH TENDERS
Reuters world's largest international multimedia news agency reported that,Indian coal end-users have re-emerged after a few weeks with several fre ...


   1295 1296 1297 1298 1299   
Showing 6481 to 6485 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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