March 3, 2020

SC denies favoring firm in Iloilo power distribution tussle

By Joel R. San Juan – March 3, 2020 from Business Mirror The Supreme Court on Monday denied insinuations that it is being biased against Panay Electric Co. (PECO)’s legal battle with More Electric and Power Corp. (MORE) over the […]
March 3, 2020

SPPC: Deficiency claim absent in PSALM billing

By Lenie Lectura – March 3, 2020 from Business Mirror The South Premiere Power Corp. (SPPC) on Monday said the monthly billing statements sent by the Power Sector Assets and Liabilities Management Corp. (PSALM) neither included nor substantiated the state […]
March 3, 2020

Semirara’s profit declined by 20% to P9.6 billion in 2019

By Alena Mae S. Flores – March 02, 2020 at 09:05 pm from manilastandard.net Semirara Mining and Power Corp. said Monday consolidated total comprehensive income declined 20 percent to P9.6 billion in 2019 from P12.1 billion in 2018. SMPC disclosed […]
March 2, 2020

Razon-led MORE takes over PECO assets; solon seeks Duterte mediation

By Lenie Lectura -March 2, 2020 from Business Mirror RAZON-LED More Electric and Power Corp. (MORE) finally took over the distribution assets of Panay Electric Co. (PECO). MORE Power President and Chief Executive Roel Z. Castro said the Iloilo City […]