What is Banpu's vision?
|“The Asian energy company at the heart of innovation, technology, and sustainability”|
|Banpu, has over 30 years of accumulated experience in the domestic and international coal industry. The Company operates coal and coal-related businesses – ranging from investment, exploration and development, to production of both thermal and coking coals. Our expertise lies in open-pit and underground coal mining operations, power generation and alternative energy, through its investments in Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Singapore , Japan, and USA.|
What is the coal output in 2017?
|Total coal output is 41.5 Mt, consisting of mines in Indonesia 23.8 Mt, Australia (equity basic) 13.2 Mt. and China (equity basic) 4.5 Mt.|
How many years has Hongsa entered into the PPA and when do Hongsa start COD ?
|Hongsa Power Company Limited received a 25-year concession (2016-2041) from the Government of Laos to build a mine-mouth power plant consisting of three units, each having a production capacity of 626 megawatts of electricity. The COD (Commercial Operation Date) of the Unit 1-3 had successfully made on June 2, 2015, The COD of the Unit 2 on 2 November 2015 and the COD of the Unit 3 on 2 March 2016 and with the full capacity of 1,878 megawatt, Hongsa Power will secure energy supply of Thailand and Laos along 25 years.|
What is Banpu's social responsibility policy?
|Banpu is respectful of its host communities and environment in every country where it operates, adhering firmly to its business credo that “an industry will be strong only when it is developed in tandem with social and environmental responsibility.” At Banpu, our social and environmental mission is based upon a strong sense of responsibility, good corporate governance, good corporate citizenship, and our corporate shared values called the ‘BANPU SPIRIT’. The ‘BANPU SPIRIT’ comprises four main pillars: Innovation, Integrity, Care, and Synergy; all aim for the sustainable development of our society and environment.
Since our inception, Banpu has been active in conducting corporate social responsibility (CSR) activities at both corporate and local levels in the areas we have presence – whether it be in Thailand, Indonesia, or China. Our CSR focus lies on community development, career development, education, environment, and youth. Most importantly, we emphasize on multilateral participation from the parties we are involved with.
What is Banpu's dividend policy?
|The Company shall pay the dividend approximately at 50% of it's 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 govening 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.
Are Banpu's shareholders entitled to dividend tax credit calculation?
|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.|