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Banpu Public Company Limited is entering its 40th year as a leading international versatile energy provider and taking the next growing step to power the better living for all. The Company recently introduced a new advertising film entitled “The Future is Now” to emphasize Banpu’s image as a leader in energy business who is committed to providing energy solutions that meet people&#8217;s needs. With its standpoint in delivering ‘Smarter Energy for Sustainability’, Banpu aims to create sustainable value for the world, both now and in the future.
Mrs. Somruedee Chaimongkol, Chief Executive Officer of Banpu Public Company Limited, said “Over the past four decades, Banpu has explored, produced, and delivered energy while also taking a part in the economic and social development of Thailand and many countries in the Asia-Pacific region. We currently operate our business in 9 countries under the Greener &amp; Smarter strategy, with a commitment to creating more sustainable and environmentally &#8211; friendly energy. Furthermore, we are dedicated to offering energy solutions that contribute to a better quality of life for people today and in the future.”
The new 1-minute film entitled &#8216;The Future is Now&#8217; aims to communicate Banpu&#8217;s aspiration for people to have a better quality of life. This is achieved through Banpu&#8217;s delivery of sustainable energy, which means providing environmentally friendly and reliable energy. Banpu also intends to provide comprehensive energy solutions that meet the needs of people&#8217;s lives. The endeavor begins with the ‘passion’ to achieve that goal by taking action today because the actions taken today will shape the future. To create this film, Banpu used hologram technique, allowing the story to be told through 3D images and a state-of-the-art holographic AI. This represents Banpu&#8217;s continuous development of outstanding innovation and energy technology.
‘Sustainable energy’ and ‘Future’ can be tricky abstractions. Thus, Banpu narrates the relationship between these two words through the characters of ‘a girl,&#8217; representing the young generation who has witnessed both the dark and the brightly lit parts of the world through her innocent eyes. She is curious about how to make the world bright forever because she believes that a bright world will help her to follow her dreams and have a good future. There is another holographic AI character which represents Banpu and conveys a message that Banpu has always provided sustainable energy through a diverse range of integrated, environmentally friendly solutions. The &#8216;Living Flame&#8217;, Banpu’s brand identity, represents Banpu’s determination to create positive change in business operations in order to bring sustainable value to all stakeholders. The Living Flame is also a symbol that inspires everyone to pursue their dreams, while Banpu delivers sustainable energy that enables individuals to engage in activities they aspire to, enhancing their quality of life.
Watch Banpu’s latest advertising film ‘The Future is Now’ at:
YouTube: https://www.youtube.com/watch?v=mM_z9APFXfs
LinkedIn: <a href="https://shorturl.at/pqBOP">https://shorturl.at/pqBOP</a>
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About Banpu
Banpu Public Company Limited is a leading integrated energy solutions company with 3 core groups of businesses: energy resources, energy generation and energy technology in Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Japan, the United States of America and Vietnam.

 Banpu Celebrates Its 40th Anniversary with the Release of New Advertising Film  ‘The Future is Now’, Reinforcing Its Standpoint to Deliver  ‘Smarter Energy for Sustainability’ to Power the Better Living for All

Banpu’s grand celebration for its 40th anniversary welcomed partners from public and private sectors, reinforcing its standpoint in delivering “Smarter Energy for Sustainability”
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Banpu Public Company Limited celebrated its 40th anniversary in energy business with its current position of “an international versatile energy provider” that has driven energy sustainability in Thailand, Indonesia, China, Australia, Laos, Mongolia, Japan, the United States and Vietnam. Reinforcing its goal to grow continuously, Banpu is committed to developing its business to be in line with future energy trends, in parallel with social and environmental development, in order to power a better living for all.
From the first day of the establishment of Ban Pu Coal Company Limited in Banpu Village, Li district, Lamphun province, in 1983, Banpu has grown to become an international versatile energy provider, operating three core groups of businesses – Energy Resources, Energy Generation, and Energy Technology. For more than four decades, Banpu has adapted and driven the organization to overcome all challenges while also being ready to grow into the future under the “Greener &amp; Smarter” strategy. The aim of this strategy is to deliver the best energy solutions that respond to the demand for more environmentally friendly business while also creating a better quality of life for people and ensuring energy sustainability worldwide, in line with Banpu’s brand promise of “Our Way in Energy”.
“Business can grow strongly” if we “think ahead and act fast” while caring for our society and the environment.
Mr. Chanin Vongkusolkit, Chairman of the Board of Directors, Banpu Public Company Limited, one of the co-founders and the first CEO of the Company who has shaped “Banpu” to grow strongly with his “think ahead, act fast,” concept said, “Since the beginning of the business 40 years ago, Banpu has remained committed to a determination that ‘an industry will be strong only when it is developed in tandem with social and environmental responsibility.’ This is our guiding principle and serves as a compass for Banpu, frames our business practices, and embodies our identity. As the social context has evolved, we have adapted our thinking and approaches to align with the ESG principles, which consider the importance of environmental, social, and governance aspects, along with being a good corporate citizen wherever we operate. More importantly, we also focus on developing the potential of ‘our people’. All of these have enabled us to overcome any obstacles and become a successful international organization, while consistently demonstrating our commitment to environmental and social responsibility.”
“Good leaders” will encourage employees to show their potential and cultivate a seed of knowledge.
Mr. Metee Auapinyakul, Director of Banpu Public Company Limited and one of Banpu’s co-founders, said, “I think the key to our success today is a ‘leader’ like Mr. Chanin who can manage to bring in a good cooperation with experts in many fields. This is not to mention that we have also put a lot of budgets to develop the potential of ‘Banpu people’ because ‘people’ or employees are the most important resource in driving a business to grow. Moreover, the positive relationship we have with all our stakeholders over the past 40 years are also an integral part of the growth of our business which also allows us to give back to the society.”
“A good team” must never stop learning, always look for opportunities in every crisis and be bold when it comes to investment.
Mr. Ongart Auapinyakul, Director of Banpu Public Company Limited and another co-founder of the Company, added, “Mr. Chanin and I have known each other back when we were studying in the United States. When I was looking for another alternative fuel source for curing tobacco which was my family’s business, I discovered coal. And because at that time in the world, there was an oil price crisis. Almost 100% of oil in Thailand was imported. To find another natural energy source like coal as an alternative for oil, it was a good hope for Thailand to be dependable on domestic ones. That was why Metee and I started looking for an opportunity to do coal mining business and we decided to invite Mr. Chanin to join us.”
“Starting a business 40 years ago was not easy. We had to walk for days and camp in the middle of nowhere for several months. The communication was very difficult because at that time there was no mobile phone. But what we had was ‘our team’ who was always eager to learn. They have always gained knowledge and looked for opportunities whether it was from books, people or any circumstance that was happening. Our team practiced and practiced until we became ‘confident and had enough courage to invest’. These factors enabled Banpu to adapt well to energy trends and global situations. Thus, our company can grow continuously and was able to expand our business overseas, starting with an investment in mining in Indonesia. We used it as a production base for exports. That was a leap forward to success for Banpu before we continued to expand our business in other countries which made us grow strongly until today.”
Build upon the founders’ vision, drive business through “Greener &amp; Smarter” strategy for strong growth into the future.
Mrs. Somruedee Chaimongkol, CEO of Banpu Public Company Limited, who has been behind the success of Banpu transformation, said, “I am deeply grateful to have been part of this journey almost from the very start, having jumped on board the Banpu ship in 1983. I have seen the growth of our company and the growth of our employees. And no matter what business obstacles or challenges we encountered; we have surpassed them with a strategy to create diversified portfolio of energy including establishing a subsidiary to solve energy problems in various dimensions. After I took the position of CEO in 2015, we have spearheaded an implementation of the Greener &amp; Smarter strategy to drive business operations. With this strategy, we seek new investment opportunities, cooperate with partners that have special expertise, and integrate synergy within the Banpu ecosystem to add value that will further strengthen our growth.”
“I believe that our success stems from how we do from the heart or as we call it “Banpu Heart”, a corporate culture that unites over 6,000 employees towards the same goal. That is to deliver sustainable energy, create value for all stakeholders, and power a better living for all.”
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About Banpu
Banpu Public Company Limited is an international versatile energy provider, operating 3 core groups of businesses – energy resources, energy generation, and energy technology in Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Japan, the United States of America and Vietnam.

“Co-founders & CEO” Highlight Banpu’s Vision Driving Energy Business  over 40 Years, Reinforcing its Standpoint in “Smarter Energy for Sustainability” to Power a Better Living for All

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When talking about “large renowned Thai energy companies”, Banpu Public Company Limited or “Banpu” often comes to the forefront of the people’s minds. The Company has been pioneering, developing, and expanding the energy business to meet market demands and has continuously taken part in the economic and social development at both national and regional levels for 40 years. The Company has grown exponentially, triumphing over all its challenges. Today, Banpu has become a fully integrated energy company, covering the supply chain from upstream to downstream, and is ready to move forward as a “leading international versatile energy provider”.
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With the maximum efficiency and benefits of Banpu’s strong business ecosystem, all 3 core business groups – energy resources, energy generation, and energy technology are promoting and supporting each other to deliver smarter energy for sustainability. Not only does the Company focus on expanding its growth and operating the business in line with future energy trends but it is also striving for a better quality of life for all.
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Driving the business toward sustainable energy
Banpu’s business ambitions heavily enforce the principles of energy sustainability. Essentially, energy must be accessible by having reasonable prices (Affordable); energy must be stable so that it can be delivered continuously (Reliable); and energy must be environmentally friendly (Eco-Friendly).
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Banpu Coal Company Limited was established in 1983 to subcontract a coal mining operation in Li District, Lamphun Province from the Department of Alternative Energy Development and Efficiency. Since then, the Company has built strong business ties by seeking potential energy resources and experts in the field. Banpu has also developed products and production capabilities for many industries such as power generation, cement, petrochemicals, paper, textiles, and many more. Moreover, Banpu also expands its energy resources to countries with the potential growth in the Asia-Pacific region, such as Indonesia, China, and Australia.
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Building a diverse portfolio
After stabilizing the mining business establishment both domestically and internationally, Banpu sought to diversify its energy business – especially ones that generate value in the supply chain.
The establishment of “Banpu Power (BPP)” in 1996 aspired to strengthen power generation and distribution. During this period, Thailand needed to expand its electricity-generating capacity in order to support economic growth as well as building national energy security. That led to a significant step in the business as BPP was listed on the Stock Exchange of Thailand in 2016, expanding the power generation growth in strategic countries in the Asia-Pacific region that had high growth rate of electricity demand and government support in terms of clear energy policy.
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Banpu has propelled the growth of its power business by focusing on balancing its business portfolio which included thermal power business that uses high efficiency, low emissions technology (HELE) and renewable power business such as solar and wind. The Company also built upon its growth continuously in the countries that it had long experience in operating energy resources business and strong relationship with local alliances.
<img decoding="async" class="alignnone size-full wp-image-663" src="/wp-content/uploads/2023/05/Nakoso-IGCC-Power-Plant.jpg" alt="" width="1573" height="1050" srcset="/wp-content/uploads/2023/05/Nakoso-IGCC-Power-Plant.jpg 1573w, /wp-content/uploads/2023/05/Nakoso-IGCC-Power-Plant-300x200.jpg 300w, /wp-content/uploads/2023/05/Nakoso-IGCC-Power-Plant-1024x684.jpg 1024w, /wp-content/uploads/2023/05/Nakoso-IGCC-Power-Plant-768x513.jpg 768w, /wp-content/uploads/2023/05/Nakoso-IGCC-Power-Plant-1536x1025.jpg 1536w, /wp-content/uploads/2023/05/Nakoso-IGCC-Power-Plant-1568x1047.jpg 1568w" sizes="(max-width: 1573px) 100vw, 1573px" /> <img decoding="async" class="alignnone size-full wp-image-664" src="/wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-scaled.jpg" alt="" width="2560" height="1707" srcset="/wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-scaled.jpg 2560w, /wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-300x200.jpg 300w, /wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-1024x683.jpg 1024w, /wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-768x512.jpg 768w, /wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-1536x1024.jpg 1536w, /wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-2048x1365.jpg 2048w, /wp-content/uploads/2023/05/Solar-Power-Plant_Olympia-1568x1045.jpg 1568w" sizes="(max-width: 2560px) 100vw, 2560px" />
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Industry leader in transformation – be the first to know, start, and succeed.
As global climate changes increase and intensify, Banpu has incorporated the “Greener and Smarter” strategy as part of its new vision to drive the organization. This means focusing on environmentally friendly business operations, as well as utilizing innovative technology in line with new energy trends. The Company stepped in the greener business with the notable creation of a new business, namely the natural gas business in the United States. This business serves to bridge the business transition according to the Greener &amp; Smarter strategy, by focusing on generating and maintaining cash flow to protect the interests of shareholders and investors. Banpu also sought investment opportunities in greener energy businesses, adding balance and sustainability to its business portfolio.
<img decoding="async" class="alignnone size-full wp-image-665" src="/wp-content/uploads/2023/05/GreenerSmarter.png" alt="" width="750" height="155" srcset="/wp-content/uploads/2023/05/GreenerSmarter.png 750w, /wp-content/uploads/2023/05/GreenerSmarter-300x62.png 300w" sizes="(max-width: 750px) 100vw, 750px" /> <img decoding="async" class="alignnone size-full wp-image-666" src="/wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-scaled.jpg" alt="" width="2560" height="1704" srcset="/wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-scaled.jpg 2560w, /wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-300x200.jpg 300w, /wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-1024x682.jpg 1024w, /wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-768x511.jpg 768w, /wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-1536x1022.jpg 1536w, /wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-2048x1363.jpg 2048w, /wp-content/uploads/2023/05/Shale-Gas-in-US_Marcellus-1568x1044.jpg 1568w" sizes="(max-width: 2560px) 100vw, 2560px" />
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Paving the way for a sustainable future with a green flagship company
In 2020, Banpu established its green flagship company, “Banpu NEXT,” which enabled its business ecosystem to become more whole and cohesive. This was the crucial puzzle piece in driving a greener and smarter portfolio. Banpu NEXT aims in creating the energy solutions in response to future energy trends as well as the lifestyles of new generations. It has taken a step forward in advancing these 5 businesses: renewable energy, energy storage, energy trading, e-mobility, and smart city development and energy management with the utilization of the digital platform as a tool to collect and analyze data to develop products and services to address customer needs and create new energy innovations. Furthermore, Banpu also invests in new S-curve businesses relate to and beyond the energy business in order to create competitiveness and increase value for all stakeholders while making a better quality of life for people.
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Making changes to gain a competitive advantage
As a leading international versatile energy provider, Banpu remains strong, employing strategic policy of transformation to digital era. The transformation operates in three aspects (Triple-Transformation). The first aspect is business transformation which focuses on increasing proportions of the greener and smarter energy portfolio, through the operations of Banpu NEXT. The second aspect is technology transformation. Banpu has established a Digital and Innovation (D&amp;I) Department to drive digital transformation and further develop the infrastructure for information technology. This enhances the organization’s digital capabilities and instills employees’ potential in technology. The third aspect is people transformation focusing on people development and advancement. Banpu Academy was established to promote limitless learning within the organization and to train Banpu employees to be ready in learning new things. These changes provide advantages in terms of competitiveness and cope with rapid changes in highly dynamic businesses, such as the energy business.
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Becoming an internationally recognized Thai company.
With a strong foundation in the 3 aforementioned core groups of businesses, Banpu is ready for building international growth. Currently, Banpu operates in 9 countries: Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Japan, the United States, and Vietnam. In addition to having a complete understanding of the market prior to starting the business, Banpu has built a strong team with competent personnel. These factors resulted in the success of overseas investments. When Banpu was first established, there were fewer than a hundred employees. Today, Banpu has become a Thai company with approximately 600 employees based in the head office in Thailand and almost 6,000 employees stationed abroad. In addition, Banpu believes in good corporate citizenship, upholding the rule to conduct business in an ethical and transparent manner. The Company also adheres to the practice of being a “good neighbor,” fostering understanding and cooperation between the Company and surrounding communities in order to support various social activities and needs of each area.
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Mrs. Somruedee Chaimongkol, Chief Executive Officer of Banpu Public Company Limited, said, “For 40 years, Banpu has adhered to ethical and sustainable business practices that have been instilled and transmitted from Mr. Chanin Vongkusolkit, one of the founders and the first Chief Executive Officer of Banpu. According to the Company&#8217;s business credo “an industry will be strong only when it is developed in tandem with social and environmental responsibility” with the acceleration of Banpu Transformation under the Greener &amp; Smarter strategy and readiness to cope with changes with the antifragile principle, Banpu will be able to maintain its strength no matter what crisis it faces. With “Our Way in Energy” commitment, Banpu is ready to create energy stability for the world and take part in creating a better living for people today and in the decades to come.”
<img decoding="async" class="alignnone size-full wp-image-677" src="/wp-content/uploads/2023/05/Banpu-Heart-Logo-scaled.jpg" alt="" width="2560" height="432" srcset="/wp-content/uploads/2023/05/Banpu-Heart-Logo-scaled.jpg 2560w, /wp-content/uploads/2023/05/Banpu-Heart-Logo-300x51.jpg 300w, /wp-content/uploads/2023/05/Banpu-Heart-Logo-1024x173.jpg 1024w, /wp-content/uploads/2023/05/Banpu-Heart-Logo-768x130.jpg 768w, /wp-content/uploads/2023/05/Banpu-Heart-Logo-1536x259.jpg 1536w, /wp-content/uploads/2023/05/Banpu-Heart-Logo-2048x346.jpg 2048w, /wp-content/uploads/2023/05/Banpu-Heart-Logo-1568x265.jpg 1568w" sizes="(max-width: 2560px) 100vw, 2560px" />
Over the past four decades of strong and stable business growth, Banpu has an outstanding business ecosystem, connecting all core businesses together and creating synergistic power resulting in producing the best investment results, reducing risks and creating sustainability. Banpu’s strength also comes from its unique corporate culture called “Banpu Heart” which aims to unite all employees in every country towards the same goal. All of these factors have enabled Banpu to deliver “smarter energy for sustainability.” As the leading international versatile energy provider, Banpu strives to build sustainable value for all groups of stakeholders and power the better living for all.

Banpu’s Four Decades in Energy Business, Moving Forward to Create the Better Living for All

Looking back 40 years ago to 1983, we took the name “Banpu” as our Company’s name to honor and remember the first community and area where we started our business. Until now, wherever we expand our business to, we remain steadfast in our commitment to being a good corporate citizen for the community.   Our credo from the very first day of Banpu has been the belief that, “An industry will be strong only when it is developed in tandem with social and environmental responsibility”. This is the essence of business sustainability. As social contexts have changed over time, this principle has been modified to align with the ESG framework, which refers to the adherence to commitments in the areas of environment, society, and good governance. Banpu has remained unwavering in its compliance with ESG principles. We have not only stayed true to our path, but have also intensified our efforts to ensure stable and sustainable growth.   The management team and I, as well as every one of Banpu’s employees, are proud to have taken part in steering Banpu through the challenges in each period, and towards the continued growth that we see today. I am grateful for every moment of support, every instance of cooperation, and every helping hand that has enabled us to work towards providing sustainable energy, and contributing to the better living of our society.   Thank you.  Chanin Vongkusolkit Chairman of the Board of Directors

Message from the Chairman

The success of Banpu today can be attributed to three key factors. First, the vision of our founders, who had built strong business foundations. Second, the “Banpu people”, our most valuable asset, all of whom have the same heart – the “Banpu Heart”...