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
CHINESE COAL PURCHASE COULD START A TREND
ABC Rural reported that, The takeover of a major Australian coal mining company by Chinese-owned Yanzhou has raised fears coal markets could be domi ...


Saturday, 15 August 09
TWO / THREE YEAR CHARTER RATES FOR SUPRAMAX IS AROUND US$ 15,000-16,000 PER DAY - VISTAAR SHIPPING
COALspot.com (Singapore): The dry bulk market continued to be soft in the beginning of the week, however towards to end of the week the BDI recovere ...


Friday, 14 August 09
ASIA GREEN TO SELL MORE COAL
I Stock Analyst reported that, Asia Green Energy Plc (AGE) aims to increase its coal sales by 20 percent to 1 million tonnes this year, given the gl ...


Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look f ...


Friday, 14 August 09
GUACOLDA STARTS THIRD COAL-FIRED UNIT
Macorship reported that, Chile’s Empresa Electrica Guacolda said that the third unit at its Guacolda coal-fired power plant began supplying po ...


   1299 1300 1301 1302 1303   
Showing 6501 to 6505 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 ...

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