“The Asian energy company at the heart of innovation, technology, and sustainability”.
Banpu Public Company Limited is a leading integrated energy solutions company in the Asia-Pacific, operating 3 core groups of businesses – Energy Resources (coal and gas including related operations such as marketing, trading, logistics, fuel procurement and transmission), Energy Generation (thermal and renewable power plants), and Energy Technology (total solar energy solutions, energy storage system and energy technology system) – in 10 countries: Thailand, Indonesia, China, Australia, Laos, Mongolia, Singapore, Japan, the United States of America and Vietnam. The Company is moving forward to create continuous growth and strengthen the Banpu group’s business ecosystem with the Greener & Smarter strategy, which prioritizes eco-friendly business and smart integration of technologies and innovations whilst embracing the energy trends. This has elevated the operational efficiency and led to continuous growth and energy sustainability for the benefits of consumers, communities, society, and the environment.
Total coal output is 37.8 Mt, consisting of mines in Indonesia 23.4 Mt, Australia (equity basic) 9.3 Mt. and China (equity basic) 5.1 Mt.
Total coal sales volume is 40.7 Mt, consisting of mines in Indonesia 25.3 Mt, Australia (equity basic) 10.7 Mt. and China (equity basic) 4.7 Mt.
Hongsa power plant is a coal-fired mine-mouth power plant with total capacity of 1,878 megawatts, which granted 25 years of power trading since the commercial operation date. The power plant consists of three units, each having a capacity of 626 megawatts. All units have already achieved the commercial operation date (COD). The unit 1 achieved COD on 2 June, 2015, the unit 2 achieved COD on 2 November, 2015 and the unit 3 achieved COD on 2 March, 2016.
Banpu has always adhered to sustainable development. The Company places top priority on environmental, social, and governance (ESG) principles according to its business credo that “an industry will be strong only when it is developed in tandem with social and environmental responsibility”, to enhance business growth as well as create sustainable benefits and returns to all stakeholders.
The Company shall pay the dividend approximately at 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 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.