August 21, 2024

Meralco to hold auction for 1,000-MW baseload supply

By Lenie Lectura – August 21, 2024 from Business Mirror The Manila Electric Co. (Meralco) said Tuesday it will resume the competitive selection process (CSP) for its 1,000-megawatt (MW) supply requirement. In a bid bulletin for the CSP of 600 […]
July 22, 2024

ERC asked to scrutinize terms of Meralco auction

By Lorenz S. Marasigan – July 22, 2024 from Business World The Energy Regulatory Commission (ERC) was urged on Sunday to temporarily halt the Manila Electric Co.’s (Meralco) auction for an additional 600 megawatts (MW) of power, with a lawmaker […]
October 18, 2022

Semirara Mining approves record P14.88b in special cash dividend

By Alena Mae S. Flores – October 17, 2022, 7:15 pm from manilastandard.net Semirara Mining and Power Corp. said Monday its board approved the issuance of special cash dividend amounting to a record P14.88 billion. This is equivalent to P3.50 […]
October 30, 2021

Semirara Mining income surges 244% to P10.3 B

By Myrna M. Velasco – October 29, 2021, 3:53 PM from Manila Bulletin The astronomical rise in coal prices in the world market has driven the net income of vertically integrated energy firm Semirara Mining and Power Corporation (SMPC) to […]