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Semirara Mining and Power Corp. (SMPC) said on Monday, March 19, that the first 300-megawatt (MW) unit of its two-unit coal-fired thermal power plant...
Semirara Mining and Power Corporation is engaged in thermal coal extraction and power production. Its common stock is listed on the Philippine Stock Exchange under the symbol "SCC".. Coal Operations . The Company's surface open cut mining operations is based in Semirara Island in the province of Antique.
Meanwhile, the 300-megawatt second power plant unit of SEM-Calaca Power Corp. resumed operations in the first week of May after undergoing months of rehabilitation since October last year. Semirara is engaged in coal mining and power generation and distribution. .
Semirara's income declined by 61% to P2.2b in six months posted August 09, 2020 at 07:30 pm by Alena Mae S. Flores Integrated energy company Semirara Mining and Power Corp. said net income declined 61 percent in the first six months to P2.2 billion from P5.7 billion in the same period last year.
Apr 28, 2016· MANILA, Philippines - Semirara Mining and Power Corp. has formalized its partnership with Manila Electric Co. (Meralco) for the expansion of the Calaca coal-fired power plant in Batangas.
Nov 16, 2017· The Semirara Mining and Power Corp. (SMPC) has consumed more than half of its P8 billion budget for its three-year upgrade program of its power plants in Calaca, Batangas. SMPC said that P2.8 billion has been spent on the rehabilitation and life extension program under the Sem-Calaca Power Corp. (SCPC).
SEMIRARA Mining and Power Corp. (SMPC)'s net income stood at P8.1 billion by end-June, 3% higher than what it generated a year ago, as its coal business cushioned the effects of the plant shutdowns of its power .
Semirara Mining and Power Corp.'s earnings rose 42 percent in 2016 on the back of record coal sales and the contribution from its newest power plant. In a disclosure to the Philippine Stock Exchange, the Consunji-led company said its profits went up to P12.04 billion last year from its P8.47-billion net income in .
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DOE backs Semirara's new 50-MW Antique coal-fired power plant MANILA, Philippines - The Department of Energy (DOE) and Semirara Mining and Power Corp. have struck a deal for the development of a 50-megawatt (MW) mine-mouth power plant in Antique to provide a secure and reliable power supply to the province and its neighboring off-grid islands.
SEMIRARA Mining and Power Corp. (SMPC) said on Monday that the first 300-megawatt (MW) unit of its two-unit coal-fired thermal power plant in Calaca, Batangas has resumed operations. This came more than a week after the Consunjis' coal mining and power company told the stock exchange of the unit's unplanned outage.
Apr 29, 2016· MANILA, Philippines - Semirara Mining and Power Corp. has formalized its partnership with Manila Electric Co. (Meralco) for the expansion of the Calaca coal-fired power plant in Batangas.
Mar 03, 2020· MANILA, Philippines — Consunji-led Semirara Mining and Power Corp. (SMPC) saw net profit slide by a fifth last year due to depressed global coal prices and power plant shutdown.
Semirara Mining and Power Corp. said Monday it posted a 43-percent decline in consolidated net income after tax to P1.2 billion in the first quarter from P2.3 billion in the same period last year. SMPC said in a disclosure to the stock exchange the lower income was due to lower coal and electricity prices and plant outages during the period.
May 06, 2019· Business Nightly: Semirara Mining and Power Corporation does not expect a brighter 2019. To watch more breaking news videos click the link below:
Mar 02, 2019· MANILA, Philippines — Power plant shutdowns have pulled down earnings of Semirara Mining and Power Corp. (SMPC) last year. In a filing with the Philippine Stock Exchange yesterday, SMPC reported ...
Semirara Mining and Power Corp. said Friday it is moving the bulk of its 2020 capital expenditure budget of P3.7 billion to 2021 amid the coronavirus pandemic. "Consistent with our disciplined and prudent approach to managing our company, we are rescheduling P3.7 billion worth of capex to 2021," SMPC chairman Isidro Consunji said during the ...
Semirara Mining and Power Corp. is preparing an expansion project that will increase the total mining complex in Semirara, Antique to 4,369.25 hectares from 3,369.25 hectares. SMPC said in a filing with the Environment Department the entire project was within its 13,000-hectare amended coal .
Semirara, through Southwest Luzon Power Generation Corp., is currently undertaking the first expansion of the power plant in Batangas, which involves construction of two 150-MW units. Construction of the second phase expansion, which will involve a 350-MW plant, is expected to proceed this year.
Nov 13, 2017· SMPC is the only power producer in the country that owns and mines its own fuel source, allowing it to generate affordable baseload power for the Luzon and Visayas grids. Tags: extension program, generation capacity, power generation, power plant, Sem-Calaca Power Corporation, Semirara invests P2.8 B in power plant rehab, Semirara Mining ...
Earlier this month, the DoE signed the MoU with Semirara Mining and Power Corp. (SMPC) for a 50-megawatt (MW) power plant, which the company plans to build adjacent to its coal mine on Semirara Island in Antique. The power plant will use indigenous coal as fuel to address the growth in the baseload demand and required reserves of Semirara ...
MANILA, Philippines - Semirara Mining and Power Corp. is engaging the services of Japanese energy and electronics giant Toshiba Corp. to optimize the operations and extend the life span of the Calaca power plants in Batangas with state-of-the-art technologies.
Company Profile. Effective August 3, 2009, DMCI-Holdings Inc. (DMCI HI), the parent company of Semirara Mining and Power Corporation (SMPC), acquired the 600MW Calaca-based Batangas Coal-Fired Thermal Power Plant from the Power Sector Assets .
The Energy Department and Semirara Mining and Power Corp. are set to sign an agreement to develop a 50-megawatt mine mouth, coal-fired power plant in Antique province that is expected to deliver reliable and cheaper power to Mindoro provinve and nearby areas.
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