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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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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 ...
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- GVK Power & Infra Limited - India
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Baramulti Group, Indonesia
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Commodity Traders Exchange
- Cigading International Bulk Terminal - Indonesia
- New Zealand Coal & Carbon
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Parry Sugars Refinery, India
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- SMC Global Power, Philippines
- Ministry of Finance - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- The University of Queensland
- Sojitz Corporation - Japan
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Bukit Baiduri Energy - Indonesia
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Mercator Lines Limited - India
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Manunggal Multi Energi - Indonesia
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Anglo American - United Kingdom
- Kobexindo Tractors - Indoneisa
- Electricity Authority, New Zealand
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Lanco Infratech Ltd - India
- Antam Resourcindo - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- MS Steel International - UAE
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Minerals Council of Australia
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Sical Logistics Limited - India
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Sindya Power Generating Company Private Ltd
- Altura Mining Limited, Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Oil Corporation Limited
- Bhatia International Limited - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Deloitte Consulting - India
- Marubeni Corporation - India
- Bayan Resources Tbk. - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Maharashtra Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- OPG Power Generation Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- San Jose City I Power Corp, Philippines
- White Energy Company Limited
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Latin American Coal - Colombia
- Gujarat Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Krishnapatnam Port Company Ltd. - India
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
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