Energy & Mining
Over 38,000 Meralco customers still without power
More than 38,000 customers of the Manila Electric Co. (Meralco) remained without electricity Monday morning, as the enhanced southwest monsoon and Tropical Cyclones Luis and Maymay continued to disrupt services and cause widespread damage.
Semirara Mining files redundancy notice, cuts coal output target amid auction uncertainty
Semirara Mining and Power Corporation (SMPC) has notified the Department of Labor and Employment (DOLE) of a redundancy program, following a decision to slash its annual coal production target by over one-third compared to last year.
Borromeo Motoring taps COREnergy for power supply
Borromeo Motoring Group is taking greater control of its electricity costs, tapping COREnergy as its retail electricity supplier for 20 facilities across Luzon as the automotive group seeks to make energy management a more strategic part of its operations.
Meralco power rates fall slightly on refunds
Electricity rates for Manila Electric Co. customers will edge lower in August as a P9.5-billion regulatory refund offsets higher transmission, tax, and other pass-through charges.
Meralco August rates seen lower on ERC-approved refund
Manila Electric Co. (Meralco) announced Sunday that electricity rates in its service area will likely decrease this August, ahead of the official rate adjustment set to be released on August 10. The company said a newly approved refund from the Energy Regulatory Commission (ERC) will be enough to cover other upward adjustments in monthly bills.
