Power utility giant Manila Electric Company (Meralco) has inked a one-year emergency power supply agreement (EPSA) with South Premiere Power Corporation (SPPC) of the San Miguel group for the delivery of 300-megawatt capacity from March 26, 2023 to March 25, 2024. The supply contract provided for a...
BATANGAS – The provincial government of Batangas has granted San Miguel Corporation (SMC) a 35-year concession to design, build, operate, and maintain a four-lane, 61-kilometer toll road that would hopefully spur economic growth here. The SMC is undertaking the P44.77-billion Nasugbu-Bauan...
BMW Philippines (SMC Asia Cars Distributors Corp.) continues to refresh their model offerings this 2023 with the unveiling of yet another new model, the X1 SUV. The 2023 X1 is the smallest crossover SUV BMW offers. Now on its third generation, it boasts of high-tech in-car infotainment, more...
Power utility giant Manila Electric Company (Meralco) divulged that it received new offers for one-year contract to cover 670 megawatts of capacity that will replace the cheaper fixed price contract of the Ilijan gas-fired power plant of South Premiere Power Corporation (SPPC) of the San Miguel...
The 13th division of the Court of Appeals (CA) has granted the petition for writ of preliminary injunction (WPI) lodged by South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings of the San Miguel group, that will continually suspend the implementation of its power supply...
The 16th division of the Court of Appeals (CA) has denied the petition of San Miguel Energy Corporation (SMEC) for a temporary restraining order (SMEC) on its supply of 330-megawatt capacity to Manila Electric Company (Meralco) from the Sual coal-fired power plant. With the appellate court’s...
The comparatively expensive replacement power capacities secured from a power plant of the Aboitiz group and hefty purchases from the Wholesale Electricity Spot Market (WESM) had partly driven up the overall electricity rate of Manila Electric Company (Meralco), as rates went up by P0.6232 per...
The timely intervention of the energy investment unit of San Miguel Corporation (SMC) by providing an "emergency power supply" to Albay Electric Cooperative (ALECO) has prevented the cooperative and its customers from grid and power supply disconnection for the next 12 months, at least. In a...
SMC Infrastructure expects the holiday traffic "exodus" to peak this week and declared a toll holiday for Christmas and New Year. The infrastructure arm of San Miguel Corp. (SMC) is once again waiving all toll fees at the Southern Tagalog Arterial Road (STAR), South Luzon Expressway (SLEX), the...
South Premiere Power Corporation (SPPC), a subsidiary of San Miguel Corporation, stood its ground that it has a supply contract for 70.26 petajoules (PJ) of banked gas that has to be lifted from the Malampaya gas field project. The SMC company has contradicted the statement of the Malampaya...
South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings Corporation (SMGP) of the San Miguel group, will resume operations of the 1,200-megawatt Ilijan gas-fired power plant by April next year, in time for the high demand during the summer months. According to SMC, the...
Power utility giant Manila Electric Company (Meralco) has been compelled to source higher-priced electricity from the Wholesale Electricity Spot Market (WESM) to plug the gap on its baseload capacity needs due to the cessation of supply from the Ilijan gas-fired power facility of South Premiere...
