Banpu Unveils “Energy Symphonics”: A Bold Vision to Orchestrate a Cleaner, Smarter Energy Future

Bangkok, Thailand — October 2025 — Banpu Public Company Limited (BANPU), a pioneering international versatile energy provider, has announced the next phase of its sustainability-driven business evolution with the launch of “Energy Symphonics” — an integrated long-term growth framework harmonizing energy security, sustainability, and innovation.

Positioned as the strategic heartbeat of Banpu’s global transition, the initiative represents a “symphony of solutions” that will balance reliable supply, affordable access, and environmental stewardship — accelerating the company’s journey toward Net Zero 2050.

🌍 A Symphony of Sustainable Growth

Banpu’s Energy Symphonics framework is built around three fundamental dimensions:

Symphony of Security — ensuring stable energy supply and regional resilience;
Symphony of Sustainability — reducing carbon intensity and fostering clean energy innovation;
Symphony of Synergy — leveraging partnerships, technology, and data to amplify value creation across industries.

“Energy Symphonics reflects our belief that the energy transition is not a solo performance — it’s an orchestra,” said Mr. Sinon Vongkusolkit, Chief Executive Officer of Banpu PLC.
“We are composing a new harmony between business performance and environmental responsibility, ensuring growth that benefits people, the planet, and prosperity together.”

⚙️ Key Components of the “Energy Symphonics” Strategy

1. Decarbonisation and Net Zero Pathway

Banpu has reaffirmed its commitment to achieve net-zero greenhouse gas emissions by 2050 and to cut its carbon intensity by at least 20 percent by 2030, compared to its 2020 baseline.
The company’s target is for coal and related businesses to account for less than 50 percent of consolidated EBITDA by 2030, replaced progressively by gas, renewables, and energy technology ventures.

2. The Gas–Power–CCUS Nexus

Banpu will expand its integrated value chain connecting gas exploration, gas-fired power generation, and carbon capture, utilization, and storage (CCUS) capabilities — particularly within the United States and Asia-Pacific.
This synergy forms the low-carbon foundation of Banpu’s next growth cycle, providing bridge fuel security while advancing decarbonisation at scale.

3. Renewable + Energy Storage Revolution

The company will scale its Renewables + Battery Energy Storage System (BESS) portfolio to strengthen clean-energy reliability.
Investments will focus on solar PV, onshore wind, and hybrid systems, coupled with smart-grid infrastructure and carbon-credit innovation to stabilise renewables within national grids.

4. Smart Mining & Strategic Minerals

Recognising the role of minerals in clean-energy manufacturing, Banpu is adopting AI-powered intelligent mining and pursuing opportunities in critical minerals that support global battery production.
This modernisation reduces environmental impact and positions Banpu as a responsible supplier in the global transition materials chain.

💹 Investment Roadmap & Growth Outlook

Banpu has earmarked a USD 3 billion (≈ THB 110 billion) multi-year investment fund through 2030 to operationalise the “Energy Symphonics” strategy.

Investment Breakdown (2024 – 2030):

60 %: Expansion of Gas + CCUS and advanced low-carbon energy infrastructure.
40 %: Growth in Renewables +, Energy Storage, Smart Mining, and Clean Tech Ventures.

These initiatives are projected to drive a 1.5× increase in EBITDA by 2030, establishing Banpu as a regional leader in energy transformation.

“Our portfolio is evolving from an energy producer into a platform for sustainable innovation,” added Mr. Chanin Vongkusolkit, Chairman of the Board.
“With Energy Symphonics, Banpu will not only decarbonise but also digitise — integrating AI, data, and innovation to create enduring competitiveness.”

🏙️ Regional and Global Impact

Thailand: Supports the nation’s clean-energy target of 50 % renewables share by 2040 under the National Energy Plan (NEP 2025).
Southeast Asia: Bolsters regional energy security and cross-border power connectivity.
Global Markets: Extends Banpu’s investments in the U.S. shale gas and carbon management sectors, bridging Asian innovation with international ESG capital flows.

🔒 Commitment to ESG Leadership

Banpu’s ESG roadmap prioritises:

AI-driven environmental monitoring, digital twin modeling for emissions control.
Sustainability-linked financing instruments, including green bonds and transition loans.
Transparent climate disclosure aligned with TCFD, GRI, and UN SDGs frameworks.

The company also continues to be listed in the Dow Jones Sustainability Indices (DJSI) for emerging markets, reflecting consistent corporate-governance and ESG excellence.

🎶 About Banpu

Founded in 1983, Banpu Public Company Limited (BANPU) is a leading international versatile energy provider, operating across the Asia-Pacific and United States.
Its businesses span energy resources (coal, gas, strategic minerals), energy generation (thermal and renewables), and energy technology (battery, storage, mobility, digital energy).
Headquartered in Bangkok, Banpu employs more than 6,000 people globally and is listed on the Stock Exchange of Thailand (SET: BANPU).
🌐 www.banpu.com