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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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Saturday, 08 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market tumbled this week and the BDI dropped by almost 17% and closed at 2,772 points.
The cape and panam ...
Saturday, 08 August 09
SULTAN MINING SIGNS P8-BILLION, 10-YEAR COAL-SUPPLY CONTRACT WITH KEPCO POWER CORP.
COAL developer Sultan Mining and Energy Development Corp. (SMEDC) reported on Thursday that its subsidiary MG Mining and Energy Corp. signed an P8-b ...
Friday, 07 August 09
NEED TO HIKE DOMESTIC PRICES - COAL INDIA
WSJ reported that, The chairman of Coal India Ltd., the country's biggest coal producer, Friday said there was a need to hike domestic coal prices ...
Friday, 07 August 09
INDONESIA COAL NEWS UPDATES
PTBA to Produce 13 Million Tons
President Director of Tambang Batubara Bukit Asam (PTBA), Sukrisno has estimated coal production of the company th ...
Friday, 07 August 09
BALTIC DRY INDEX HAS WORST WEEK SINCE OCTOBER AS DEMAND SLOWS
Bloomberg reported that, The Baltic Dry Index, a measure of shipping costs for commodities, had its worst week since October as Chinese demand for s ...
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- Bangladesh Power Developement Board
- Aditya Birla Group - India
- Central Java Power - Indonesia
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- India Bulls Power Limited - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- Star Paper Mills Limited - India
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement - Thailand
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Commonwealth Bank - Australia
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- The University of Queensland
- PTC India Limited - India
- Kartika Selabumi Mining - Indonesia
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Bhatia International Limited - India
- Altura Mining Limited, Indonesia
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Intertek Mineral Services - Indonesia
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Sical Logistics Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bukit Baiduri Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Bhushan Steel Limited - India
- Ministry of Mines - Canada
- Agrawal Coal Company - India
- Toyota Tsusho Corporation, Japan
- Bayan Resources Tbk. - Indonesia
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- SMG Consultants - Indonesia
- Larsen & Toubro Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Renaissance Capital - South Africa
- Salva Resources Pvt Ltd - India
- New Zealand Coal & Carbon
- Meenaskhi Energy Private Limited - India
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- McConnell Dowell - Australia
- Planning Commission, India
- Mercator Lines Limited - India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
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