October 23, 2021

EDC fined for breaching plant ‘forced outage’ limit

By Myrna M. Velasco – October 22, 2021, 5:22 PM from Manila Bulletin The Energy Development Corporation (EDC) was slapped with fines by the Energy Regulatory Commission (ERC) after its Nasulo geothermal plant was found to have breached the mandated […]
September 24, 2021

ERC names 8 GenCos for penalties

By Myrna M. Velasco – September 23, 2021, 1:49 PM from Manila Bulletin At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric […]
August 4, 2021

Semirara net income up 279% in April-June

BY LENIE LECTURA – AUGUST 3, 2021 from Business Mirror   Consunji-led Semirara Mining and Power Corp. (SMPC) registered a net income of P4 billion in the second quarter, up 279 percent year-over-year, due to record-high coal sales and prices […]
May 4, 2021

SMPC presses ‘cost claims’ vs GE on Calaca plant shutdown

By Myrna M. Velasco – May 4, 2021, 6:30 AM from Manila Bulletin Consunji-led Semirara Mining and Power Corporation (SMPC) is pressing its ‘cost claims’ against its equipment supplier – American firm GE, on the extended shutdown of unit 2 […]