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
Friday, 28 August 15
BANPU STRENGTHENS GROWTH PLAN
Banpu LogoCoal Business: Asia-Pacific Synergies Increase Competitiveness for Premium Export Market.

Banpu Public Company Limited (BANPU) strengthens its growth towards sustainability, and creates added value for all stakeholders with business expansions covering a range of conventional and renewable energies across the Asia-Pacific. In the first half of 2015, the company’s sales revenues totaled USD 1,291 million (approximately THB 42,534 million*).

According to company’s note posted on company’s website, leveraging on its regional presence, the company fills the demand gap of high-quality coal with premium-grade blends based on its Indonesian and Australian reserves.  In a broader perspective, Banpu has recently invested in multiple Japanese solar power projects, along with increasing the generating capacity of its power plants in China.  As the Hongsa Power Project (HPC) begins to turn profits and will be at full capacity from Q2/2016 onwards, Banpu will also look for opportunities to invest in diverse power projects in the region.

“Thanks to our company-wide cost control effort and efficient cash flow management,  the total cost of sales in the first half of 2015 reduced by 17 percent year on year, a saving of USD 171 million (approx. THB 5,233 million), to USD 865 million (approx. THB 28,494 million). So we are progressing into the second half with reliable growth. All projects are developing as planned,” said Ms. Somruedee Chaimongkol, Chief Executive Officer, Banpu Public Company Limited.

According to the note, the Banpu continues growing its power assets portfolio to cover a wider range of advanced conventional and renewable energies.  The focus is on striking a balance considering economics, reliability, and environmental concerns.  Banpu has invested in Japanese solar farms spread across the northern and central parts of the country with a total power generating capacity of 37 megawatts, equity-based.

“We are evaluating investment and acquisition opportunities in renewables throughout the Asia-Pacific, including China, India, and other ASEAN countries.  These types of projects offer the advantage of a short lead time, plus short payback period.  Banpu expects to scale up renewable power generation to 200 megawatts within a 3-year timeframe,” added Ms. Somruedee.

Over the course of the year, Banpu will continue its emphasis on improving productivity and reducing operating costs of its coal operations in Indonesia, Australia, and China, at the same time managing for price competitiveness and developing custom-quality blends for premium markets.  By year-end 2015, Banpu expects its coal production output from Indonesia, Australia, and China to reach 48.5 million tonnes.

In the first half of 2015, Banpu’s coal production output from Indonesia reached 13.7 million tonnes.  Australia’s Centennial Coal Co., Ltd., in which Banpu holds 100 percent equity, produced 7.4 million tonnes despite some mines undergoing care & maintenance schedules. Gaohe mine and Hebi mine in China, together produced 2.3 million tonnes, equity basis.
 
In China, Banpu’s coal operation productivity has been transformed over the past few years by leveraging the expertise of Centennial Coal’s knowledge and advance technology, resulting in a continuously improved annual production rate. Gaohe mine, for example, now produces as much as 10 million tonnes of coal a year, compared to six million tonnes in years earlier.

During the first half of 2015, coal business has generated gross revenue of USD 1,192 million (approx. THB 39,266 million), equivalent to 93 percent of the company’s total gross revenue.  The company’s average selling price (ASP) was at USD 56.41 per tonne (approx. THB 1,851 per tonne).

“Banpu’s saleable reserves from all countries amount to approximately 600 million tonnes.  We are ready to capture maximum value from price recovery, and continue exploring potential acquisitions in Indonesia and Australia to increase our reserves.  A major determining factor is securing resources with the right fit to match our current product and marketing strategy as we aim to export to markets in need of high-quality blends, such as Japan, Korea, and Taiwan,” concluded Ms. Somruedee. (*Exchange Rate of USD 1 = THB 32.95)

About Banpu
Banpu is a coal-mining and power generation group with a presence in eight countries across the Asia-Pacific region: Thailand, Lao PDR, Indonesia, Singapore, Australia, China, Mongolia and Japan. As at 30 June 2015, Banpu’s assets totaled USD 6,657 million (approximately THB 224,863 million) while total liabilities were USD 4,329 million (approximately THB 148,339 million).


If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 28 August 15
DRY BULK SHIP OWNER OPTIMISTIC ABOUT FUTURE PROSPECTS OF THE MARKET: NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk ship owner Golden Ocean appeared optimistic on the long term prospects of the dry bulk market, mainly thanks to an expected resolution of ...


Friday, 28 August 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING AUGUST 22 ROSE FOR THE THIRD STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.5 million shor ...


Thursday, 27 August 15
RATES FOR CAPES REMAINED ON A FREE FALL LAST WEEK - INTERMODAL
COALspot.com: Keeping everyone on their toes with the volatility seen in August, the Dry Bulk market undoubtedly remains a steady provider of chall ...


Wednesday, 26 August 15
MARKET INSIGHT - STRATOS TINIAKOS
It’s always interesting to comment on the market when big economies around the world are facing troubling times. Following the collapse of th ...


Wednesday, 26 August 15
2Q'16 FOB INDONESIA COAL SWAP FALLS NEARLY 4.76 PER CENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week. The 4Q swap was declined $ 2.20 (-5.13%) p ...


   568 569 570 571 572   
Showing 2846 to 2850 news of total 6871
News by Category
Popular News
 
Total Members : 28,690
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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