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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).
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Wednesday, 09 September 15
FOB INDONESIA COAL SWAP LOSE GROUND ON SLOWING DEMAND
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week.
The 4Q swap declined $ 1.92 (-4.52%) per t ...
Tuesday, 08 September 15
FOB RICHARDS BAY COAL SWAPS CONTINUE TO SHOW DECLINING TREND
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined week over week and month over month.
The 4Q swap was down US$ ...
Tuesday, 08 September 15
GANGAVARAM PORT IN INDIA DISCHARGES RECORD 112,599 MT OF STEAM COAL IN 24 HOURS
COALspot.com: Gangavaram Port, an all weather, multipurpose port with water depth up-to 21 meters, capable of handling fully laden Super Cap ...
Monday, 07 September 15
THE MINE OF THE FUTURE WILL HAVE ONLY TWO EMPLOYEES, A MAN AND A DOG - SCOTT MCGOWAN
"The Technology and Innovation in Mining 2015" production team at Information Exchange Group interviewed Scott Mcgowan, Director, Global ...
Monday, 07 September 15
FOB NEWCASTLE COAL SWAP FOR Q2' 16 DELIVERY CLOSED US CENTS 25 LOWER COMPARED TO Q4' 15
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery declined $0.73 per MT (-1.68%) month over month to US$ 42.65 per mt. The sw ...
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- Tata Chemicals Ltd - India
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Dalmia Cement Bharat India
- Aditya Birla Group - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Mjunction Services Limited - India
- Mercuria Energy - Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- Kideco Jaya Agung - Indonesia
- GMR Energy Limited - India
- Port Waratah Coal Services - Australia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Altura Mining Limited, Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Coastal Gujarat Power Limited - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- ASAPP Information Group - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- The Treasury - Australian Government
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PowerSource Philippines DevCo
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Generating Authority of Thailand
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Vedanta Resources Plc - India
- GVK Power & Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- Essar Steel Hazira Ltd - India
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Kartika Selabumi Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Anglo American - United Kingdom
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Coalindo Energy - Indonesia
- Tamil Nadu electricity Board
- Grasim Industreis Ltd - India
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Kaltim Prima Coal - Indonesia
- Madhucon Powers Ltd - India
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
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