We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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).
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 21 September 15
KOMIPO OF KOREA INVITES BIDS FOR BITUMINOUS COAL
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued an new tender for 390,000 Metric Tons (MT) of minimum 4,600 kcal ...
Sunday, 20 September 15
BALTIC CAPE INDEX ROSE 66.52 PER CENT AND STAND NOW AT 1995 POINTS
COALspot.com: The BDI (Baltic Dry Index) rose 17.35 per cent week over week to 960 points on Friday mainly driven by the Capesize segment. The Cape ...
Friday, 18 September 15
SHIPPING AND THE FED RATE DECISION: FINANCING COSTS COULD RISE EVEN HIGHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Regardless of the FED’s decision to raise rates, shipping stands to be influenced by the decision. Shipbroker Allied Shipbroking noted this w ...
Friday, 18 September 15
U.S. COAL PRODUCTION DECLINED 6.7 PER CENT W-W: EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.4 million shor ...
Thursday, 17 September 15
COALSPOT HAS LAUNCHED NEW THERMAL COAL INDICES FOR INDONESIAN COAL
COALspot.com has today launched real-time CS (i) Coal Indices.
The Indices represents 3800 kcal/kg GAR, 4200 kcal/kg GAR, 5000 kcal/kg GAR a ...
|
|
|
Showing 2806 to 2810 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kohat Cement Company Ltd. - Pakistan
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- London Commodity Brokers - England
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Oil Corporation Limited
- Sinarmas Energy and Mining - Indonesia
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Riau Bara Harum - Indonesia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Sarangani Energy Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Maheswari Brothers Coal Limited - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Australian Coal Association
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Aboitiz Power Corporation - Philippines
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Orica Australia Pty. Ltd.
- The University of Queensland
- Merrill Lynch Commodities Europe
- Sindya Power Generating Company Private Ltd
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Pendopo Energi Batubara - Indonesia
- The Treasury - Australian Government
- Sical Logistics Limited - India
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Cement Manufacturers Association - India
- PNOC Exploration Corporation - Philippines
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Tamil Nadu electricity Board
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- ICICI Bank Limited - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Videocon Industries ltd - India
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
|
| |
| |
|
