Thai energy company Banpu Public Company Limited is restructuring to accelerate its shift toward power and gas, driven by rising electricity demand from AI and data centers. The company will merge its gas exploration and gas-fired power generation in the US to stabilize supply and costs.

Banpu's coal business will be redefined as Next-Gen Mining, focusing on efficiency.

Furthermore, the company plans to consolidate Banpu Power Public Company Limited (BPP) by the third quarter of 2026 to create a new entity overseeing diversified power resources, including renewables and battery energy storage.

Banpu aims to reduce coal-related revenue share to below 50% by 2030, while maintaining current coal-fired plants temporarily to ensure a stable local power supply.