May 18, 2020

SPC Power declares ₱598-M cash dividend

By Myrna M. Velasco – Updated May 16, 2020, 7:37 PM from Manila Bulletin Listed firm SPC Power Corporation had declared cash dividends to shareholders amounting to ₱0.40 per share or a total of ₱598.6 million, out of the net […]
May 13, 2020

PSALM pares power sector debts by ₱27 B

By Myrna M. Velasco – May 12, 2020, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) was able to trim power sector debts by ₱27 billion last year to ₱422.01 billion as of end-December […]
May 12, 2020

Semirara income falls 43% to P1.2 B

By Myrna M. Velasco – May 11, 2020, 10:00 PM from Manila Bulletin With the combined effect of reduced coal sales and cheaper energy prices, the net income after tax (NIAT) of Consunji-led Semirara Mining and Power Corporation (SMPC) had […]
May 9, 2020

Meralco rates down by ₱0.2483/kwh in May billing

By Myrna M. Velasco – Updated May 8, 2020, 10:01 PM from Manila Bulletin As the coronavirus-linked enhanced community quarantine (ECQ) stretches into its second month, Filipino consumers can expect slight relief on their power bills as the overall rate […]