The Energy Regulatory Commission (ERC) has denied the P0.30 per kilowatt hour (kWh) rate hike that had been jointly applied for by the Manila Electric Company (Meralco) and SMC Global Power Holdings (SMCGP) of the San Miguel group. In a ruling issued by the power industry regulator on Monday, Oct....
NAVOTAS CITY- Mussel farm owners in the city have expressed their support to the coastal development project of the local government. Glicero de los Santos, one of the businessmen who own mussel farms in the city, said that the coastal development project would improve the transportation of their...
The Energy Regulatory Commission (ERC) will prudently examine the implication of the P0.30 per kilowatt-hour (kWh) rate hike plea of SMC Global Power Holdings Corporation (SMCGP) to the similarly-situated power supply agreements (PSAs) underwritten by the other power utilities. The bid of San...
SMC Global Power Holdings Corporation (SMCGP), the power generation investment arm of San Miguel Corp., suffered a net loss of P1.831 billion in the first semester this year, wiping out its hefty income of P12.219 billion in the same period last year. Based on figures released, SMCGP said its...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, logged colossal losses of P15 billion on the electricity generation operation of its power plants due to surging fuel prices in the world market and is now batting for rate hikes so it can partly...
SMC Global Power Holdings Corporation (SMCGP), the power investment arm of San Miguel Corporation, has listed its P40-billion fixed rate bonds with the Philippine Dealing and Exchange Corporation (PDEx), which has been touted as the largest corporate bond issuance to date. According to SMCGP, the...
SMC Global Power Holdings Corporation is planning to raise up to P40 billion from the issuance of bonds consisting of a P30-billion float with an oversubscription of up to P10 billion. This is the initial tranche of the company’s new three-year Shelf Registration program amounting to P60 billion....
San Miguel Corporation (SMC) has begun constructing the train depot for its P77-billion Mass Rail Transit 7 (MRT-7) on a 20-hectare property in San Jose del Monte, Bulacan, the conglomerate announced Tuesday, May 31. The depot, a key element of SMC Infrastructure’s first mass rail project, will...
media Starting April 1, public utility buses and closed van delivery trucks can use the elevated Skyway system again, San Miguel Corporation (SMC) subsidiary Skyway O&M Corporation (SOMCO) announced March 21. All Class “2” vehicles--primarily buses and closed vans exceeding 7 feet in height...
SMC, SunAsia to challenge 850MW Razon-Leviste solar bid By MYRNA M. VELASCO A subsidiary of top-tier power producer SMC Global Power Holdings Corp of the San Miguel Group and a consortium led by SunAsia Energy will challenge the unsolicited proposal lodged by the joint venture of Prime...
SMC agri-project is empowering support staff one seed at a time Every week, armed with scissors and crates, around 25 maintenance and security staff at San Miguel Corporation’s (SMC) head office complex in Ortigas trudge muddy paths behind the company’s iconic, Manosa-designed building, their...
Partido Reporma standard-bearer Panfilo "Ping" Lacson has assured Filipino farmers a wider state-funded program that would install solar-powered irrigation systems (SPIS) on their paddy fields and plantations. Senator Ping Lacson (Facebook) Lacson revealed this plan in a dialogue with farm leaders...
