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...
SMC Global Power Holdings Corporation (SMCGP), a subsidiary of San Miguel Corporation, has formally notified Manila Electric Company (Meralco) that it will be terminating its fixed-price power supply agreement (PSA) covering 670 megawatts of supply drawn from the Ilijan gas-fired power plant. As a...
The ball has been tossed into the court of power utility giant Manila Electric Company (Meralco) to secure gas fuel allocation for the offer of San Miguel Corporation to have its 1,200-megawatt Ilijan gas-fired power facility utilized to augment power supply, primarily for the Luzon grid. According...
Stumped by the slow progress of San Miguel Corp.(SMC) in building the vital 1.2-kilometer Connector road linking the eight-kilometer North Luzon Expressway (NLEX) to SMC's 18-kilometer Skyway Stage 3, Metro Pacific Tollways Corp. (MPTC) now wants to build the connector road itself while looking for...
SMC Infrastructure on Thursday, December 1, 2022, implemented its “Seamless Southern Tollways” program to eliminate multiple toll stops for northbound and southbound motorists. For years, Southern Luzon-bound motorists stop for toll and encounter traffic buildups at the South Luzon...
SMC Global Power Holdings Corp. (SMCGP), the energy investment arm of San Miguel Corporation, contended that its step to elevate its rate hike case to the Court of Appeals (CA) is a valid legal remedy it can resort to after its petition was junked by the Energy Regulatory Commission. “Going to...
The Energy Regulatory Commission (ERC) will review the market share limitation of battery energy storage system (BESS) given its current classification as a "generation" capacity based on the prevailing policy by the Department of Energy. ERC Chairperson Monalisa C. Dimalanta said “that’s being...
The P0.30 per kilowatt hour (kWh) joint rate hike application of Manila Electric Company (Meralco) and San Miguel Global Power Holdings Corporation (SMCGP) scored initial victory with the 60-day temporary restraining order (TRO) issued by the Court of Appeals (CA) on the verdict handed down by the...
