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 […]
March 3, 2020

Semirara’s profit declined by 20% to P9.6 billion in 2019

By Alena Mae S. Flores – March 02, 2020 at 09:05 pm from manilastandard.net Semirara Mining and Power Corp. said Monday consolidated total comprehensive income declined 20 percent to P9.6 billion in 2019 from P12.1 billion in 2018. SMPC disclosed […]
January 17, 2020

Yellow alert raised on Luzon power grid

By Lenie Lectura -January 17, 2020 from Business Mirror Photo from CNN PHL A YELLOW alert notice was raised over the Luzon grid Thursday due to insufficient operating power reserves. This is the first yellow alert for the year. A yellow […]