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Banpu
Banpu Public Company Limited is an energy company based in Thailand. Its three core businesses are energy resources (coal and gas); energy generation (conventional and renewable); and energy technology (wind and solar, storage systems, and energy technologies). As of 2015[update] Banpu is headed by CEO Somruedee Chaimongkol. In the 2012 Forbes Global 2000, Banpu was ranked as the 1707th -largest public company in the world.
Banpu was founded by members of the Vongkusolkit and Auapinyakul families on 16 May 1983 as Ban Pu Coal Company Limited. The company was created to subcontract a coal mining operation at Banpu Mine (BP-1 Mine) in Li District, Lamphun Province. On 4 May 1989, Banpu was listed on the Stock Exchange of Thailand (SET). Its name was changed on 29 July 1993 to Banpu Public Company Limited.
In 2005, Banpu entered into a joint venture with Thai-Lao Lignite Co., Ltd. and Hong Sa Lignite (Lao PDR) Co., Ltd. to develop the project, but this agreement was terminated in 2006. A UNCITRAL arbitration found that the Lao government illegally terminated concession and ordered Laos to pay US$57 million in damages plus interest. Laos is refusing to pay.[citation needed]
In 2010 Banpu bought the Australian mining company Centennial Coal.
Current CEO of Banpu Somruedee Chaimongkol assumed the position on 10 April 2015.
Banpu decided to launch a new corporate branding attributes in 2018, the "Banpu Heart".
Banpu Power Public Company Limited or Banpu Power (BPP) was established in 1996 (then named "Cogeneration PLC") as a subsidiary of Banpu PCL. BPP's generating capacity as of early-2019 is 2,140 megawatts. Its goal is to expand that number to 4,300 MW by 2025. Renewable power projects account for 20 percent of BPP-generated electricity.
It is the largest coal producer in Thailand and also has coal mining operations in Indonesia and China, and coal-fired power generation operations in Thailand and China. Banpu plans also to invest in the Hong Sa lignite mine and power plant project in Laos.
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Banpu
Banpu Public Company Limited is an energy company based in Thailand. Its three core businesses are energy resources (coal and gas); energy generation (conventional and renewable); and energy technology (wind and solar, storage systems, and energy technologies). As of 2015[update] Banpu is headed by CEO Somruedee Chaimongkol. In the 2012 Forbes Global 2000, Banpu was ranked as the 1707th -largest public company in the world.
Banpu was founded by members of the Vongkusolkit and Auapinyakul families on 16 May 1983 as Ban Pu Coal Company Limited. The company was created to subcontract a coal mining operation at Banpu Mine (BP-1 Mine) in Li District, Lamphun Province. On 4 May 1989, Banpu was listed on the Stock Exchange of Thailand (SET). Its name was changed on 29 July 1993 to Banpu Public Company Limited.
In 2005, Banpu entered into a joint venture with Thai-Lao Lignite Co., Ltd. and Hong Sa Lignite (Lao PDR) Co., Ltd. to develop the project, but this agreement was terminated in 2006. A UNCITRAL arbitration found that the Lao government illegally terminated concession and ordered Laos to pay US$57 million in damages plus interest. Laos is refusing to pay.[citation needed]
In 2010 Banpu bought the Australian mining company Centennial Coal.
Current CEO of Banpu Somruedee Chaimongkol assumed the position on 10 April 2015.
Banpu decided to launch a new corporate branding attributes in 2018, the "Banpu Heart".
Banpu Power Public Company Limited or Banpu Power (BPP) was established in 1996 (then named "Cogeneration PLC") as a subsidiary of Banpu PCL. BPP's generating capacity as of early-2019 is 2,140 megawatts. Its goal is to expand that number to 4,300 MW by 2025. Renewable power projects account for 20 percent of BPP-generated electricity.
It is the largest coal producer in Thailand and also has coal mining operations in Indonesia and China, and coal-fired power generation operations in Thailand and China. Banpu plans also to invest in the Hong Sa lignite mine and power plant project in Laos.