Thursday, 15 May 2025, 2:25 pm

    Energy

    ‘It’s more expensive buying existing facilities than build new power plants’

    Semirara Mining and Power Corp. (SMPC) would rather restart the development of aborted power projects than acquire existing facilities which are sold at prohibitive prices.  “We...

    Oil import bill in 2022 up 64 percent to $19-B

    The country's net oil import bill last year grew 64 percent to $19.02 billion from only $11.57 billion the year before, according to data from the Department of Energy (DOE). The...

    PLDT, Smart seek First Gen in RE supply deal

    PLDT Inc. and its wireless unit Smart Communications Inc. have contracted First Gen Corp. to supply its units across the Visayas with 3.7 megawatts of...

    SMPC now qualified to bid for privatization of N. Ecija hydro plant

    After an initial rejection, the Power Sector Assets and Liabilities Management (PSALM) Corp. on Thursday added Semirara Mining and Power Corp. (SMPC) as bidder...

    NGCP energizes Mindanao-Visayas interconnection line

    The National Grid Corporation of the Philippines (NGCP) successfully energized the P52 billion Mindanao-Visayas interconnection project (MVIP) with an initial load of 22.5 megawatts...

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