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Monday, 05 October 09
BANPU EYES INCREASE IN COAL OUTPUT
 The Nation reported that, Banpu plans to boost its coal output to 23 million tonnes next year once production begins at the East Block of its Indominco mine and the Gaohe mine in China
"We plan to boost our production by 12 to 15 per cent from our target of 20.5 million tonnes for this year in a bid to serve increasing demand once the global economy picks up," said chief executive officer Chanin Vongkusolkit.
The Gaohe mine, in which Banpu holds 45 per cent, is expected to start operation in the second half of 2010 with a target production of 1 million tonnes. The mine will have full production capacity of 6 million tonnes by 2013.
The company expects to maintain coal sales at 20.5 million tonnes this year even though it only sold 8.6 million tonnes in the first six months.
Its average coal price in 2009 would be around US$71-$72 (Bt2,378-Bt2,411) per tonne, he said.
Banpu targets revenue of Bt57 billion this year, a slight increase on Bt56.83 billion in 2008. In the first half of this year, it generated revenue of Bt33.07 billion. Profit rose to Bt8.78 billion, slightly less than the profit for the whole of 2008, at Bt9.23 billion.
"We performed well in the first half thanks to the rising coal price. Despite the downward trend of the coal price in the second half, we are confident that our performance this year will be better than last year, and that we will hit our revenue target of Bt57 billion if the baht doesn't fluctuate too much," he said.
The coal price is expected to rise in the fourth quarter thanks to the global economic recovery and higher demand in winter.
Chanin added that robust economic growth in China and India would be a main factor pulling up global coal consumption in the coming year.
On a possible move by Banpu to diversify into the alternative energy business, including ethanol production and wind energy, Chanin said no final decision had yet been made because of the complicated issues of technology and environmental regulations.
"Over the next five years, we will focus on our coal operation, which is our core business. However, we see alternative energy as investment choices that would support sustainable development," he added.
Source: The Nation
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Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet de ...
Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by ...
Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1 ...
Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenf ...
Friday, 25 September 09
INDONESIA STOCK EXCHANGE EXAMINES BUMI DEAL WITH CHINESE SOVEREIGN WEALTH FUND
The Jakarta globe reported that, The Indonesia Stock Exchange is looking into the $1.9 billion financing deal between PT Bumi Resources, the country ...
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- LBH Netherlands Bv - Netherlands
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Eastern Coal Council - USA
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
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- Energy Link Ltd, New Zealand
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- Deloitte Consulting - India
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
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- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- VISA Power Limited - India
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- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Aditya Birla Group - India
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- The University of Queensland
- Mintek Dendrill Indonesia
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Madhucon Powers Ltd - India
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Rashtriya Ispat Nigam Limited - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Mercator Lines Limited - India
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Medco Energi Mining Internasional
- Antam Resourcindo - Indonesia
- Kumho Petrochemical, South Korea
- Xindia Steels Limited - India
- MS Steel International - UAE
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- Kapuas Tunggal Persada - Indonesia
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Planning Commission, India
- PowerSource Philippines DevCo
- Cement Manufacturers Association - India
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- Billiton Holdings Pty Ltd - Australia
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- Sarangani Energy Corporation, Philippines
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- Pipit Mutiara Jaya. PT, Indonesia
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Oldendorff Carriers - Singapore
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Baramulti Group, Indonesia
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- Pendopo Energi Batubara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
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