Team Energy unit Team Sual Corporation (TSC) and Semirara Mining and Power Corporation’s Southwest Luzon Power Generation Corporation (SLPGC) were collectively fined close to Php5 million after the Energy Regulatory Commission (ERC)...
The Luzon Grid was placed on Yellow Alert on midday Wednesday, as several power plants went on forced outage, according to the National Grid Corporation of the Philippines. Net operating margin from...
Consunji-led Semirara Mining and Power Corporation (SMPC) announced on Tuesday that it has paid nearly Php1.7 billion in royalties to the Department of Energy (DOE) for the second quarter, the highest ever...
Consunji-led Semirara Mining and Power Corporation (SMPC) posted a 279% jump in its consolidated net income for the second quarter of 2021 at Php3.98 billion from Php1.05 billion in the same period...
Four major power plants went 0n forced outages shaving 1,458 megawatts (MW), triggering a Yellow Alert in the Luzon Grid, the National Grid Corporation of the Philippines and the Department of Energy...
The Energy Regulatory Commission (ERC) has identified at least five power plant units that have been forced out of service for over 100 days, way past the allowable period set. Topping the...
Malacanang has ordered the Energy Regulatory Commission (ERC), Department of Justice (DOJ), and the Philippine Competition Commission (PCC) to help the Department of Energy (DOE) in its investigation of 17 generation companies...
The Energy Regulatory Commission (ERC) has issued a Notice of Non-Compliance to 17 power generating companies (gencos) to explain their unplanned outages, which breached the maximum allowable unplanned outage days per year....
Profits of Consunji-led Semirara Mining and Power Corporation (SMPC) are unlikely to return to pre-pandemic levels this year even though its coal business is expected to do well, according to its top...
Anti-competitive and even “economic sabotage” charges possibly await generating companies (gencos) whose power plants have had prolonged outages, especially during the peak demand period, according to the Department of Energy (DOE). During...
