May 5, 2022

‘Semirara has enough coal stocks’

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror As coal demand and prices intensify, Consunji-led Semirara Mining and Power Corp. (SMPC) said Monday it won’t run out of coal reserves even if its coal operating contract (COC) expires […]
May 4, 2022

Meralco eyes loans to bankroll projects

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror THE Manila Electric Co. (Meralco) is assessing its financial position to determine if it can borrow money this year to fund its power projects. “Yes, we are currently reviewing already […]
May 4, 2022

Citicore renews RE supply deals

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror Citicore Energy Solutions Inc. (CESI), the retail electricity supply arm of Citicore Power Inc., said it was able to renew its renewable energy (RE) supply contracts with 5 of its […]
May 3, 2022

SMC unit needs P214B to finish capital projects

BY LENIE LECTURA – MAY 3, 2022 from Business Mirror SMC GLOBAL Power Holdings Corp. (SMCGP) would need P214.8 billion to finish its capital expenditure (capex) projects, including capital-intensive liquefied natural gas (LNG) power plants. In a filing, the power […]