The Asian energy company at the heart of innovation, technology, and sustainability.
Banpu is committed to strengthening its business through the synergy of a diverse energy portfolio across 9 strategic countries in Asia-Pacific including: Thailand, the Republic of Indonesia, the People’s Republic of China, Australia, the Lao People’s Democratic Republic, Mongolia, Japan, the United States, and the Socialist Republic of Vietnam.
Banpu drives its business under the “Energy Symphonics” strategy, in respond to the world’s rising energy demand and supporting a responsible and sustainable energy transition. The company aims to deliver a balanced energy mix that is reliable, accessible at an affordable price, and environmentally friendly.
Under this new phase of its “Energy Symphonics” strategy, the Company commits to energy sustainability while capturing opportunities from the AI boom. By integrating our future-ready people and technology, Banpu is progressing through four key pillars — each delivering distinct strengths while collectively reinforcing one another to explore synergistic value and to drive integrated and sustainable growth.
-Next-Gen Mining: Committed to unearthing value responsibly, this pillar aligns with electrification-driven commodities while reinforcing operational excellence. Through diversified growth in strategic minerals and AI-enabled technologies, it advances more efficient, sustainable, and intelligent mining.
-U.S. Closed-Loop Gas: Addressing the hyperscalers rising demand with a winning formula - integrating gas, power, and CCUS solutions through the operation of BKV corporation (NYSE listed). Guided by a closed-loop net zero strategy, the business expands quality upstream assets to strengthen its position, captures the AI-driven power boom in the U.S. market, and accelerates CCUS scale-up to meet targets.
-Power+: This pillar is an integrated power and infrastructure platform positioned across the energy spectrum and operating as a power pure-play platform to capture growing AI- and data center–driven demand and 24/7 energy needs. By expanding assets in key markets and unifying thermal power, utility-scale renewables, battery energy storage system (BESS), and energy trading capabilities, the integrated platform enhances agility and capability.
-Future Tech: Serving as a transformation catalyst by accelerating investment in emerging digital technologies and megatrends, while delivering retail energy solutions to support all customers’ decarbonization needs. This drives innovation, creates synergistic value, and unlocks new S curve growth opportunities.
The Company shall pay the dividend approximately 50% of its consolidated net profit after deduction of all reserves required by governing laws and the Company itself. However, the dividend payout rate shall also depend on the Company and its affiliates’ cash flows and investment plans as well as other justifications and considerations as deemed appropriate.
The Company’s affiliates shall pay the dividend from net profit after the deduction of all reserves required by governing laws. The Board of Directors shall decide on the dividend payout rate based on operating income, financial conditions, and capital requirements and propose to shareholders for approval.
Banpu’s shareholders ARE NOT entitled to dividend tax credits because the dividends or sharing of profits are already exempted from corporate income tax calculation, because Banpu receives dividends from its foreign subsidiaries in which Banpu holds more than 25%, and those subsidiaries have already paid corporate income tax in their respective countries at a rate exceeding 15%. As a result, such dividend income is exempt from being included in Banpu’s taxable corporate income calculation in Thailand.
Banpu aims to reduce the Group’s greenhouse gas emissions by no less than 20% by 2030, and targets to achieve Net Zero emissions by 2050.
