Consunji-led Semirara Mining and Power Corporation (SMPC) reported a drop in its net income in 2024 due to weaker selling prices.In a disclosure to the Philippine Stock Exchange on Monday, March 3, SMPC said its net income decreased by 30 percent to ₱19.6 billion last year from ₱27.9 billion in...
The astronomical rise in global coal prices had driven up the net income of Consunji-led Semirara Mining and Power Corporation (SMPC) to a record high P16.2 billion last year, or 393 percent jump from P3.3 billion in 2020.
The firm noted that the significant income hike had been due to...
Consunji-led Sem-Calaca Power Corporation (SCPC) will file an appeal with the Energy Regulatory Commission (ERC) on the penalties imposed by the regulator on the "forced outages" logged by its 600-megawatt Calaca coal-fired power plant in Batangas.
In a disclosure to the Philippine Stock...
The Energy Regulatory Commission (ERC) has penalized the 600-megawatt Calaca coal-fired power facility of Sem-Calaca Power Corporation (SCPC) of the Consunji group due to excessive "forced outages" that it logged throughout its operations last year.
In a recently issued ruling, the ERC said...
Consunji-led Semirara Mining and Power Corporation (SMPC) is pressing its 'cost claims' against its equipment supplier – American firm GE, on the extended shutdown of unit 2 of its 600-megawatt Sem-Calaca coal-fired power facility in Batangas.
SMPC President Maria Cristina C. Gotianun...
Integrated energy company Semirara Mining and Power Corporation (SMPC) reported 64 percent fall in consolidated net income to P3.0 billion in the first nine months of 2020 from P8.2 billion in the same period last year.
In a disclosure to the Philippine Stock Exchange, the firm said it...