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Friday, 28 August 15
BANPU STRENGTHENS GROWTH PLAN
 Coal 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).
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Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week.
The cape Index lost 17.25 per cent ...
Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...
Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...
Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...
Wednesday, 19 August 15
FOB INDONESIA COAL SWAPS CONTINUE FLAT TREND LINE THIS WEEK
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and flat week over week, this past week.
The 4Q swap was decli ...
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- Bangladesh Power Developement Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vizag Seaport Private Limited - India
- Maheswari Brothers Coal Limited - India
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Vijayanagar Sugar Pvt Ltd - India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Billiton Holdings Pty Ltd - Australia
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Anglo American - United Kingdom
- Africa Commodities Group - South Africa
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Eastern Energy - Thailand
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Indian Oil Corporation Limited
- Central Java Power - Indonesia
- Planning Commission, India
- Videocon Industries ltd - India
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Sinarmas Energy and Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- The State Trading Corporation of India Ltd
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- VISA Power Limited - India
- White Energy Company Limited
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Parliament of New Zealand
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- Indian Energy Exchange, India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Manunggal Multi Energi - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- Formosa Plastics Group - Taiwan
- Star Paper Mills Limited - India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
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