October 29, 2020

Semirara’s nine-month income declined 64% to P3 billion

By Alena Mae S. Flores – October 28, 2020 at 05:54 pm from manilastandard.net Semirara Mining and Power Corp. said Wednesday consolidated net income after tax declined 64 percent in the first nine months to P3 billion from P8.2 billion […]
October 14, 2017

Semirara ups royalty payments to DoE, local government units

BY Alena Mae S. Flores – October 13, 2017 at 07:56 pm from manilastandard.net Semirara Mining and Power Corp. tripled its first-half royalty payments to the Energy Department to P1.69 billion from P575 million year-on-year. “Our continued partnership with the DoE allows […]
June 28, 2017

ERC denies staff recommendation to consolidate cases against Meralco, TMO, and 1590 Energy

By Lenie Lectura – June 27, 2017 from Business Mirror THE Energy Regulatory Commission (ERC) denied the recommendation of a former investigating staff to consolidate the cases involving anticompetitive behavior and market abuse against the Manila Electric Co. (Meralco) and Therma Mobile Inc. […]
June 27, 2017

ERC to schedule hearings vs 12 power companies

by Alena Mae S. Flores – June 25, 2017 at 06:01 pm from Manila Standard Today The Energy Regulatory Commission will schedule the long-delayed hearings against 12 companies charged with anti-competitive behavior, which increased prices at the wholesale electricity spot market in November […]