Summary
Banpu Public Company Limited engages in the coal mining and power businesses. It holds 50% interest in a 1,434 MW coal-fired power plant in Map Ta Phut Industrial Estate, Rayong Province, Thailand; and 100% interest in Temple 1 gas-fired power plant with a generation capacity of 768 MW located in Texas, the United States. The company also manages five coal mines in Kalimantan comprising Indominco, Jorong, Kitadin-Embalut, Trubaindo, and Bharinto, which produce a range of bituminous and sub-bituminous thermal coals in Indonesia. In addition, it operates the Gaohe coal mine in Shanxi Province and Hebi mine in Henan Province; operates and manages 3 coal-fired combined heat and power plants with a capacity of 539 megawatts in China; and owns various coal mines located in New South Wales, Australia. Further, the company operates various coal project in Mongolia; thermal power plants in Lao PDR; wind farm in Vietnam; and solar farms in Japan. Additionally, it provides solar rooftop solutions and installation for industries and large businesses; energy storage solutions; electric vehicle and fleet management services; consultation services on customized energy management system; and renewable energy ecosystem for clean energy. The company also involved in the power and steam production, purchase, and trading business; provident fund management; solar power generation; logistics; sales and marketing activities; natural gas business; investment in power and renewable energy; and research and development business. It also provides coal mining and trading; and business consultancy services, as well as fuel trading services. The company was formerly known as Ban Pu Coal Company Limited and changed its name to Banpu Public Company Limited in July 1993. Banpu Public Company Limited was founded in 1983 and is headquartered in Bangkok, Thailand.
History
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 in Li District, Lamphun Province. On 4 May 1989, Banpu was listed on the Stock Exchange of Thailand . Its name was changed on 29 July 1993 to Banpu Public Company Limited.:?7?In 2005, Banpu entered into a joint venture with Thai-Lao Lignite Co., Ltd. and Hong Sa Lignite 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.In 2010 Banpu bought the Australian mining company Centennial Coal.
Current CEO of Banpu Somruedee Chaimongkol assumed the position on 10 April 2015.:?137
Banpu decided to launch a new corporate branding attributes in 2018, the "Banpu Heart".
Mission
Our mission is to supply cost-efficient, reliable and synchronized energy solutions to our customers, while maintaining a focus on the environment.
Vision
Our vision is to be the leading and most trusted energy solutions provider in Asia.
Key Team
Mr. Anon Sirisaengtaksin (Director & Exec. Advisor)
Mr. Virach Vudhidhanaseth (Head of Corp. Sec. & Investor Relations and Company Sec.)
Ms. Arisara Sakulkarawek (Chief Financial Officer)
Mr. Sutee Sukruan (Head of Corp. Devel.)
Ms. Wiyada Wiboonsirichai (Head of Global Internal Audit & Compliance)
Mr. Wittapon Jawjit (Head of HR)
Mr. Varoj Limjaroon (Group Sr. VP)
Recognition and Awards
Banpu has won multiple awards, such as the Thailand 4.0 Innovation Award 2019 and the Thai Corporate Excellence Awards 2019. Banpu has also been recognized as one of the Environmental and Social Responsibility Awards in Asia 2020.
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