InterviewThai miner Banpu divesting coal business despite revenue surge
Windfall from global coal price rise will be invested in green power projects
Thai miner Banpu has started operations at a solar farm in HaTinh, Vietnam as it begins to unwind its coal business. (Photos courtesy of Banpu)
APORNRATH PHOONPHONGPHIPHAT, Nikkei staff writer
January 14, 2022 13:33 JST
BANGKOK -- Banpu, Southeast Asia's biggest coal mining company, said it will continue with the planned divestment of its coal business despite the surge in the global coal price that has pushed up revenues, and use the extra income to accelerate green power projects.