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

SBPL expected to bring in over P1B to Meralco in 2020

By Lenie Lectura -March 2, 2020 from Business Mirror SAN Buenaventura Power Ltd. Co. (SBPL), a joint venture between the affiliates of Meralco PowerGen Corp. (MGen) and Thailand’s EGCO Group, is expected to contribute over a billion pesos to Meralco […]
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 […]