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Home > Corporate Profile > Company History

 

1983 Ban Pu Coal Company Limited was founded by the Vongkusolkit family and the Auapinyakul family with the registered capital of THB 25 million.
     
     
1989 Listed on the Stock Exchange of Thailand
     
     
1990 Mineral Resources Development Company Limited was established to operate a kaolin mine in Ranong Province.
     
     
1991 The Company started its coal business in Indonesia by establishing a new company - Banpu International Company Limited - to explore and develop coal resources on Sumatra Island of Indonesia.
     
  Chiang Muan Mine Company Limited was founded as a joint venture by the Company and Ban-Sa Mining Company Limited to develop a coal mine in Phayao Province.
     
     
1992 The Company signed an agreement with Electricity Generating Authority of Thailand (EGAT) to excavate more than 400 million cubic meters of overburden and coal at the Mae Moh mine in Lampang Province over a 10-year period.
     
     
1993 The Company and Nordic Power Invest AB established Thai-cogeneration Company Limited as
a joint venture company to produce steam, clarified water and demineralized water.
     
 
The Company and Nordic Power Invest AB established The Cogeneration Company Limited or COCO as a joint venture company. COCO, a company under the Small Power Producer (SPP) Scheme of EGAT, was initiated to provide electrical power, steam, clarified water and demineralized water to the Map Ta Phut Industrial Estate in Rayong Province - one of Thailand's most important industrial areas.
     
  The Company has changed its status to Public Company Limited and increased its registered capital to THB 1,000 million.
     
     
1995 Tri Energy Company Limited or TECO was formed as a joint venture by the Company, Texaco Inc. and Black & Veatch to bid for a power plant under the Independent Power Producer (IPP) Scheme of EGAT.
     
  BLCP Power Limited was formed as a joint venture by the Company, PowerGen Public Company Limited and CRA Energy Limited, to bid for the right to operate a power plant under Independent Power Producer (IPP) Scheme of EGAT.
     
  Yenbai Banpu YBB Company Limited (YBB) was established as a joint venture between the Company and Yen Bai Mineral Company Limited under Yen Bai People's Committee (Vietnam). YBB operates a YBB mine located in Yen Bai Province, S.R. of Vietnam.
     
     
1996
The Company signed an agreement with the Port Authority of Thailand to lease and operate the
A-5 area in Laem Chabang Port.
     
  The Company and ECC Overseas Development Company Limited - a leading ball clay producer in England, founded MRD-ECC Company Limited. MRD-ECC has large reserves of Maetan ball clay in Lampang Province of Northern Thailand.
     
 
TECO was selected by EGAT to build, own and operate a 700 MW gas turbine combined cycle power plant under the IPP Scheme.
     
  The Company invested in PT. Jorong Barutama Greston by purchasing 95% of its registered capital.
     
     
   
     
   
 
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