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
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



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

Recent News

Monday, 17 August 09
COAL EXPORTS CONTINUE DESPITE SHORTAGE
Vietnam News reported that, Viet Nam is exporting more coal despite a warning from experts that the country could face a shortage of this fossil fue ...


Monday, 17 August 09
S.KOREA JULY COAL IMPORTS UP TO 8.97 MLN T
* Imports of heating coal in July up 3.7 percent on year * LNG imports in July fall for seventh straight month Alibaba reorted that, South Kore ...


Monday, 17 August 09
COAL INDIA PLANS A PRICE HIKE OF 11%
With the state-run CIL mining 84% of the coal produced in the country, an 11% increase will push up inflation by around 0.16%, the company said L ...


Monday, 17 August 09
BANPU SEES INDONESIAN MINE OUTPUT UP 10 PCT IN 2010
Reuters reported that, Thailand's top coal miner, Banpu, said on Monday it expected coal output from its Indonesian mines to rise 10 percent to abo ...


Monday, 17 August 09
COAL IMPORTS SURGE IN H1
China is one of the world's leading coal producers. But even so, imports of coal have surged in the first half of the year, hitting a record in Jun ...


   1298 1299 1300 1301 1302   
Showing 6496 to 6500 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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