Banpu Investment (China) Limited or BIC is a Chinese subsidiary of Banpu Public Company Limited (Banpu), a leading integrated energy solutions company in the Asia-Pacific region based in Thailand. Banpu has extensive experience in coal and power businesses for more than three decades with dynamic growth. At present, Banpu has a clear policy in pursuing the Greener & Smarter strategy, and a business vision that demonstrates its commitment to lead the Company into the new era of energy business as well as sustainability. The Company operates mainly in coal, power, renewable energy businesses in ten countries; Thailand, Indonesia, China, Australia, Lao PDR, Mongolia, Singapore, Japan, the United States of America and Vietnam.
Headquartered in Beijing, BIC manages two joint ventures of underground coal mines located in Shanxi and Henan Provinces. BIC also invests and manages three combined heat and power (CHP) plants located in the northern region of China, which supply heat in an efficient, green and clean way. Shanxi Luguang Power Co., Ltd. is a significant power project which is now in a construction phase. In addition, BIC has started to expand into renewable energy by investing in solar power projects in Shandong Province and Zhejiang Province since 2016.
Banpu entered into China coal trade markets by establishing Banpu (Shanghai) Trading Co., Ltd. (BST) on 19 February 2017. Its business scope covers coal import, trade, blending, re-export and market development. By the end of 2017, BST has developed and expanded its business into Guangxi Autonomous Region, Guangdong Province, Shandong Province and the regions along the Yangzte River.