July 14, 2023

SMC laments higher power rates

Due to ERC’s ‘unfair’ decision BY MYRNA M. VELASCO – Jul 13, 2023 05:45 PM from Manila Bulletin San Miguel Global Power Holdings (SMGP), the electricity generating subsidiary of conglomerate San Miguel Corporation (SMC), has bewailed the higher electricity rates […]
January 25, 2023

P0.79/kWh rate hike seen with Malampaya shutdown

By Myrna M. Velasco – January 24, 2023, 3:30 PM from Manila Bulletin The roughly 7.5 million customers being served by power utility giant Manila Electric Company (Meralco) will have to brace for P0.7897 per kilowatt hour (kWh) hike in […]
January 13, 2023

No firm deal on ‘gas swapping’ for Ilijan plant – DOE

By Myrna M. Velasco – January 12, 2023, 2:26 PM from Manila Bulletin The Department of Energy (DOE) has indicated that the propounded “gas swapping deal” to enable the operation of the Ilijan gas-fired power plant during the summer months […]
December 14, 2022

SMC stands ground on gov’t supply contract over Malampaya banked gas

By Myrna M. Velasco – December 13, 2022, 11:56 AM from Manila Bulletin South Premiere Power Corporation (SPPC), a subsidiary of San Miguel Corporation, stood its ground that it has a supply contract for 70.26 petajoules (PJ) of banked gas […]