May 10, 2021

Meralco completes P4.2-B projects in Q1

By Myrna M. Velasco – May 10, 2021, 6:00 AM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) has completed P4.2 billion worth of capital expenditure (capex) projects in this year’s first quarter, with the bulk of P3.4 […]
May 10, 2021

SMC Global eyes P125B capital expenditures

By Alena Mae S. Flores – May 09, 2021 at 07:25 pm from manilastandard.net SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp., is looking at 2021 capital expenditure budget of almost P125 billion to finance […]
May 10, 2021

Fort Pilar Energy bags Malaya plant with P3.12-billion offer

By Alena Mae S. Flores – May 07, 2021 at 08:05 pm from manilastandard.net State-run Power Sector Assets and Liabilities Management Corp. on Friday declared Fort Pilar Energy Inc. as the winning negotiating party after submitting the highest offer of […]
May 8, 2021

SMPC income up 93% to P2.3-B in first quarter

By Myrna M. Velasco – May 8, 2021, 6:00 AM from Manila Bulletin The consolidated net income of Consunji-led Semirara Mining and Power Corporation (SMPC) significantly climbed by 93-percent to P2.3 billion within first quarter this year versus P1.2 billion […]