September 5, 2022

ERC considers rate hike bid of Meralco, SMC power units

BY LENIE LECTURA – SEPTEMBER 5, 2022 from Business Mirror The temporary rate hike petitions that were jointly filed by the Manila Electric Co. (Meralco) and the units of SMC Global Power Holdings Corp. (SMCGP) are now up for deliberation […]
August 24, 2022

SMC unit to terminate power deals as oil, coal prices soar

BY LENIE LECTURA – AUGUST 23, 2022 from Business Mirror SMC Global Power Holdings Corp. (SMCGP), the power arm of San Miguel Corp. (SMC) said Tuesday that it has already notified the Manila Electric Co. (Meralco) of its intent to […]
August 22, 2022

San Miguel power unit buys PNOC banked gas for $1.2B

BY LENIE LECTURA – AUGUST 22, 2022 from Business Mirror South Premiere Power Corp. (SPPC), a unit of SMC Global Power Holdings Corp. (SMCGP), purchased the remaining banked gas of the Philippine National Oil Co. (PNOC) for $1.2 billion. “We […]
August 5, 2022

Meralco expects upward adjustment this August

By Myrna M. Velasco – August 4, 2022, 3:25 PM from Manila Bulletin With the repricing of fuel supply from the Malampaya gas field, power utility giant Manila Electric Company (Meralco) is expecting upward adjustment in the electric bills to […]