March 7, 2023

Semirara hikes 2023 capex budget

By Alena Mae S. Flores – March 6, 2023, 7:10 pm from manilastandard.net Integrated energy company Semirara Mining and Power Corp. is looking at a capital expenditure budget of P6.1 billion this year, up 42 percent from P4.3 billion last […]
March 1, 2023

Semirara Mining posts all-time high income of P39.9-B in 2022

By Myrna M. Velasco – February 28, 2023, 4:39 PM from Manila Bulletin Owing to sky-high prices of coal in the global market last year, Consunji-led Semirara Mining and Power Corporation (SMPC) an posted all-time high net income of P39.9 […]
December 6, 2022

Semirara sets aside P5.6B for capital spending plan

BY LENIE LECTURA – DECEMBER 6, 2022 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) is allocating P5.6 billion for next year’s capital expenditure (capex) program. Of the total amount, P4.1 billion will go to the mining equipment […]
March 31, 2022

ERC probes simultaneous power plant shutdowns

By Myrna M. Velasco – March 30, 2022, 2:12 PM from Manila Bulletin Eagle-eyed Energy Regulatory Commission (ERC) has stepped up investigation on the simultaneous unplanned shutdowns of habitually-delinquent power plants that plunged Luzon grid anew into “yellow alert” condition […]