Sign up | Log in



Home  >>   Daily News  >>   Thailand News  >>   Energy  >>   Banpu to upgrade Centennial
NEWS UPDATES Asean Affairs        14  May 2011

Banpu to upgrade Centennial

Related Stories

May 7, 2011
Thai Oil may buy Esso

April 28, 2011
Thai panel delays nuclear plans

April 20, 2011
Refuse power grows in Thailand

April 6, 2011
Thailand’s Bangchak takes greener focus

April 2, 2011
Oil discoveries in Gulf of Thailand

March  18, 2011
Nuclear safety in Thailand needs review

Banpu Plc, Asean's largest coal miner, has earmarked A$590 million (19.1 billion baht) over five years to increase output and upgrade production of its Sydney-based Centennial Coal through 2015.

Somruedee Chaimongkol, Banpu's chief financial officer, said the investment in Australia's Centennial, acquired by the company late last year, will be in addition to the miner's five-year capital expenditure of US$230 million planned for its Indonesian mines.

Banpu has set its sights on raising Centennial's annual output to 19.6 million tonnes by 2015 from an estimated 16 million tonnes this year and 14 million tonnes last year, she told a briefing at the Stock Exchange of Thailand yesterday.

In addition, new technology will be utilised to upgrade production systems including the installation of flexible conveyor trays.

Centennial now operates 10 mines in the western and northern parts of Australia, with four more under development.

It also targets increasing exports to half of the company's production by 2014-15 to broaden its exposure to higher spot coal prices.

At present, 65 present of Centennial's output is supplied to local power plants in New South Wales state.

In the first quarter, Centennial contributed 3.7 million tonnes to Banpu's sales volume, while another 5.4 million tonnes came from Indonesian coal operations.

Ms Somruedee said that in the second quarter, 6.2 million tonnes of coal are projected from Indonesia and 3.5 to 4 million tonnes from Australian mines.

Full-year output is projected at 41 million tonnes including 25 million from Indonesia. "If the coal price continues its momentum, we expect Banpu's average selling price to reach US$90 a tonne this quarter, up from $74 last year," said Ms Somruedee, adding that the average price could be even higher.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    14  May 2011 Subsribe Now !
• Khmer Rouge tribunal is in chaos Subcribe: Asean Affairs Global Magazine
• Security raid hits in Indonesia Asean Affairs Premium
• Experts to review Lynas project
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Philippine economy grows
• Philippine stocks close lower

• Banpu to upgrade Centennial

• Thai Central bank seeks ways to lift returns

• Vietnamese credit growth stalls p

Asean Analysis    15  May 2011

Advertise Your Brand
• WEEKLY SUMMARY Sponsor Our Events

Asean Stock Watch    13  May 2011

• Asean Stock Watch-May 13 p

Global News Impacting Asia    17 November 2010


• Bank of America sees Asian inflation


• Lloyd’s increases insurance push in Malaysia


• Wells Fargo analyst on euro


• Obama’s visit to Asia


ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2020 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand