May 8, 2023

Semirara keen on building new coal-fired power plant

BY LENIE LECTURA – MAY 8, 2023 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) will pursue plans to develop a 700-megawatt (MW) coal-fired power plant, via subsidiary St. Raphael Power Generation Corp., as part of its long-term […]
May 8, 2023

ACEN eyes more investment deals

BY LENIE LECTURA – MAY 8, 2023 from Business Mirror ACEN Corp., the listed energy platform of conglomerate Ayala Corp., is expected to forge more investment deals abroad in the next few months. “I wouldn’t be surprised if we would […]
May 4, 2023

NGCP energizes P52-B grid link

BY LENIE LECTURA – MAY 4, 2023 from Business Mirror The P52-billion interconnection project linking Mindanao and Visayas was finally energized last April 30, the National Grid Corporation of the Philippines (NGCP) announced Wednesday. Through the Mindanao-Visayas Interconnection Project (MVIP), […]
May 4, 2023

Semirara profit in Q1 drops as coal prices, exports fall

BY LENIE LECTURA – MAY 4, 2023 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) suffered a 40-percent year-on-year decline in net income in the first quarter. From the record P15 billion it posted in the first quarter […]