The Energy Regulatory Commission (ERC) has issued a show-cause order against South Premiere Power Corp. (SPPC) for alleged anti-competitive behavior related to the operation of the Ilijan Power Plant in June 2022. In a statement on Tuesday, Aug. 5, the ERC said it acted on a recommendation from the...
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...
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...
As its 7.6 million customers will take the brunt of higher electricity rates, power utility giant Manila Electric Company (Meralco) has formally asked the Court of Appeals to lift the 60-day temporary restraining order (TRO) it issued that junked the P0.30 per kilowatt hour (kWh) rate hike petition...
The joint venture of Aboitiz Power Corporation and AC Energy and Infrastructure Corp. of the Ayala group will be selling electricity to Manila Electric Company (Meralco) for a rate higher by P1.65 per kilowatt hour (kWh) to P5.96 per kWh compared with the cheaper P4.31 per kWh rate of South...
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...
Power utility giant Manila Electric Company (Meralco) has formally asked South Premiere Power Corporation (SPPC) to pay the "price difference" it incurs after the San Miguel Corp. unit stopped supplying capacity from its Ilijan plant. In a letter on Monday, Dec. 12, 2022 addressed to SPCC General...
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...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) indicated that it is pursuing P34.04 billion worth of ‘overdue payables’ from South Premiere Power Corporation (SPPC), a subsidiary of San Miguel Corporation that served as independent power producer administrator...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has P27.140 billion receivables from South Premiere Power Corporation (SPPC), a company under San Miguel group that served as independent power producer administrator (IPPA) of the 1,200-megawatt Ilijan gas-fired power...
The depleting Malampaya field lost the 1,200-megawatt Iljan plant as a major gas-offtaker (buyer) of its output starting this June 6, as the buyer will no longer renew its expiring gas supply and purchase agreement (GSPA) with the consortium led by Shell Philippines Exploration B.V. The Ilijan...
