Semirara Mining and Power Corp. recorded a 52% increase in their first quarter income following higher coal and electricity sales. In a disclosure to the Philippine Stock Exchange, the company said its...
Alsons Consolidated Resources Inc. has signed a P10.5-billion loan agreement with a consortium of seven local banks to fund the expansion of its power plant in Sarangani. Its subsidiary Sarangani Energy Corp....
Consumers will see a P0.29 per kilowatt-hour deduction in their May electricity bills due to lower generation charges, the Manila Electric Co. (Meralco) said yesterday. “Contributing to the downward movement is the...
Replacing diesel generators with renewable energy sources in small islands can help the Philippines save as much as P10 billion (US $200 million) annually, said a report published yesterday. According to a...
Petron Corp. has recorded P5.6 billion net income for the first quarter of the year on the back of profitable segments and network expansions in the Philippines and abroad. Net income grew...
The Energy Development Corporation (EDC) will be spending P7-billion for the last wave of its rehabilitation program for its aging plants for the improvement of reliability and generating capacities by 2018. Most...
A unit of the Semirara Mining and Power Corp. will appropriate 420 megawatts (MW) of its power units with Manila Electric Co. (Meralco), according to the power distributor’s local retail electricity supplier...
Pryce Corp. net profits enjoy a 53.6% raise of over P301.7 million in the first quarter of 2017. The property and real estate holdings is now the third biggest player nationwide in...
Semirara Mining and Power Corp. sets a P5 billion budget for plans to increase coal production up to 16 million metric tons (MT). The coal miner giant has allocated a two-year span...
The Vivant Energy Corp. (VEC) has signed a shareholders’ agreement with a Chinese company for a solar rooftop business. Vivant Corp.’s power unit has signed an agreement with the ET Energy Pilipinas...
