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Consunji-led Semirara Mining and Power Corp. booked 59 percent higher earnings in nine months mainly due to its power generation business, which more than offset the slowdown in its mining operations.

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The Consunji Group has formed a new power company to strengthen its presence in the Philippine energy sector, which is currently dominated by some of the country’s richest clans including the Aboitiz and Lopez families.

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The Manila Electric Co. (Meralco), the country’s largest power distributor, announced yesterday that its customers would benefit from a rate cut of 19 centavos per kilowatt-hour this year after the Energy Regulatory Commission (ERC) approved the proposed rates under its new power supply agreements (PSA).

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SEM-CALACA POWER CORP

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DMCI Power Corp., the power generation unit of the Consunji Group, is proceeding with the first phase of the expansion project for the 600-megawatt (MW) Calaca coal-fired facility.
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DMCI Holdings Inc. has set up a new company to operate and rehabilitate the 600-megawatt Calaca coal-fired power plant in Batangas province.
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abtest

Semirara earnings surge 59%

November 12, 2015 - 9:00am

Consunji-led Semirara Mining and Power Corp. booked 59 percent higher earnings in nine months mainly due to its power generation business, which more than offset the slowdown in its mining operations.

Business

Consunji Group forms new power unit

By Iris Gonzales | February 21, 2013 - 12:00am

The Consunji Group has formed a new power company to strengthen its presence in the Philippine energy sector, which is currently dominated by some of the country’s richest clans including the Aboitiz and Lopez...

Business

Meralco to cut rates by 19¢ per kwh

By Iris Gonzales | January 23, 2013 - 12:00am

The Manila Electric Co. (Meralco), the country’s largest power distributor, announced yesterday that its customers would...

Headlines

DMCI unit pushes expansion of Calaca facility

By Donnabelle L. Gatdula | May 2, 2011 - 12:00am

DMCI Power Corp., the power generation unit of the Consunji Group, is proceeding with the first phase of the expansion project for the 600-megawatt (MW) Calaca coal-fired facility.

Business

DMCI plans rehab of Calaca plant

By Donnabelle L. Gatdula | March 8, 2010 - 12:00am

DMCI Power Corp., a unit of DMCI Holdings Inc. of the Consunjis, is planning to rehabilitate the 600 megawatts (MW) Calaca coal-fired power plant in Batangas

Business

DMCI forms new unit to operate Calaca plant

By Zinnia B. Dela Peña | December 1, 2009 - 12:00am

DMCI Holdings Inc. has set up a new company to operate and rehabilitate the 600-megawatt Calaca coal-fired power plant in Batangas province.

Business