The power investment unit of diversified conglomerate San Miguel Corporation (SMC) is taking steps into cementing a pathway that will pare the carbon footprints of its projects and business operations. Alongside recent announcement that it will be dropping its previously blueprinted 1,500 megawatts...
The receivables of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from a subsidiary-company of San Miguel Corporation for the capacity payments of the 1,200-megawatt Ilijan gas-fired power plant had been pared to P21.871 billion, as stipulated in the company’s 2020...
“It’s unfortunate many motorists were caught in traffic last Monday. We apologize for the inconvenience," San Miguel Corporation (SMC) president Ramon S. Ang said in a statement issued this afternoon (July 14) after the congestion at Skyway 3 on the first day the operator collected toll fees....
Skyway Stage 3 expressway motorists nearly halved from an average of 100,000 to around 60,000 as its operator started charging toll Monday (July 12). Skyway 3 has a capacity for 200,000 vehicles per day. However, Skyway Operations and Maintenance Corp. officials expect the numbers will return to...
Diversified conglomerate San Miguel Corporation (SMC) is coming clean on its next wave of energy investments, turning it s back on the industry’s old time favorite base coal plants to focus its fresh capital infusion into renewable energy (RE) installations. “We’re executing on our plans to...
The 18-km elevated Skyway Stage 3 will be a no-truck zone dedicated to Class 1 vehicles with Autosweep RFID stickers starting Monday, July 12, 2021, This should address safety concerns on the elevated expressway, at the same time, limit the risk of a spread of variants of the COVID-19 virus, San...
After providing free use of its 18-kilometer P80-billion Skyway Stage 3 project for nearly seven months, San Miguel Corporation (SMC) starts collecting toll on its new elevated expressway on Monday, July 12. However, the operator will charge lower than the original proposed toll fees, particularly...
San Miguel Corporation (SMC) said that it will start collecting toll fees on Skyway Stage 3 starting July 12, nearly seven months after providing free use of the elevated expressway to the public. SMC Skyway 3 (File photo/ MANILA BULLETIN) In a statement on Tuesday, July 6, SMC said it will use a...
ERC hints ‘pricing play’ The country’s giant power firms have been tagged as the culprits in last week’s rotational brownouts with “forced outages’ of their power plants going beyond the time allowance prescribed by the Energy Regulatory Commission (ERC). In a Congressional hearing on...
SMC Global Power Holding Corp., the energy investment arm of diversified conglomerate San Miguel Corporation (SMC) has partnered with Swedish-Swiss multinational firm ABB on its planned rollout of battery energy storage system (BESS) projects in various sites in the country. In a statement to the...
San Miguel Foods, the food unit of San Miguel Corp. (SMC) and is one of the largest producers of poultry and pork in the Philippines, said it is not facing any shortage of raw materials in the production of its processed meat products like hotdogs and luncheon meat. This is following the...
San Miguel Corporation (SMC), through SMC Infrastructure, opened the southbound Quirino exit of Skyway Stage 3's elevated expressway to Class-1 vehicles, cutting travel time from Balintawak and Quezon Ave. to Manila from 1.5 hours to less than 20 minutes. smc skyway 3 pic SMC president Ramon S. Ang...
