September 24, 2021

ERC names 8 GenCos for penalties

By Myrna M. Velasco – September 23, 2021, 1:49 PM from Manila Bulletin At least eight power generation companies (GenCos) have been formally tagged by the Energy Regulatory Commission (ERC) for penalties for breaching allowable forced outages in their electric […]
August 4, 2021

Semirara net income up 279% in April-June

BY LENIE LECTURA – AUGUST 3, 2021 from Business Mirror   Consunji-led Semirara Mining and Power Corp. (SMPC) registered a net income of P4 billion in the second quarter, up 279 percent year-over-year, due to record-high coal sales and prices […]
September 18, 2020

Plant outages, gas restriction cause new spikes in power rates

By Myrna M. Velasco – September 18, 2020, 5:00 AM from Manila Bulletin New wave of power plant outages and the recent gas output restriction at the Malampaya field triggered new round of spikes in prices at the Wholesale Electricity […]
August 10, 2020

Coal price drop cuts SMPC earnings

By Lenie Lectura – August 10, 2020 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) posted a 61-percent drop in earnings in the first half due to the decline in coal and power prices. From P5.7 billion, SMPC’s […]