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Sustainability-Semirara Mining and Power Corporation
2006. Environmental. Production of humic acid for soil condition of reforestation products. Environmental. Launch of reforestation program for 1M trees and 250 ha. of mangroves by 2012. Social. Partnership with Semirara Training Center, Inc. (STCI), a TESDA-accredited vocational institution.
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Q4/FY 2023 Analysts’ Briefing
Q4 2023 Consolidated Highlights. 3. §Net income and EPS surged 36% to Php5.32 bn and Php1.25/share on robust coal and electricity sales §Coal and SCPC contributed 93% of total earnings §Very healthy financial position, net cash position even after Php37.3 bn in record cash dividends, capex and debt servicing §Coal contribution up 33% to
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· MANILA, Philippines — Integrated energy company Semirara Mining and Power Corp. (SMPC) intends to push through with the construction of the 700-megawatt (MW) coal-fired power plant in Calaca
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· SMPC achieves record coal shipments in 2023; moves to PSE industrial market sector. Integrated energy company Semirara Mining and Power Corporation (SMPC) achieved a record-breaking coal sales volume of 15.8 million metric tons (MT) in 2023, marking a 6-percent increase from the previous year. Read More. December 25,
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· Semirara Mining and Power Corp. (SMPC) can go ahead and build a coal-fired power plant on Semirara island, initially with a capacity of 50-megawatts (MW), that can become Mindoro’s main source of baseload power, the Energy secretary said. “All the papers are
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· Semirara Mining and Power Corporation (SMPC) paused its plans for its 700-megawatt (MW) coal-fired power plant due to transmission restrictions caused by right-of-way (ROW) issues. In a report by Business Mirror, SMPC president Maria Cristina Gotianun said that the firm had been dedicated to establishing this project through its non
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FORWARD WITH AGILITY-Semirara Mining and Power
is Semirara Mining and Power Corporation’s (SMPC) 2021 Annual and Sustainability Report (ASR), which covers the financial and sustainability performance of SMPC’s coal and power operations from January 1 to December 31, 2021. Now on our third ASR
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· In August 2017 Consunji-led Semirara Mining and Power Corp. signed a Memorandum of Understanding (MOU) with the Department of Energy to develop a mine-mouth coal-fired power plant in Antique province,
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Semirara Mining and Power Corporation and Subsidiaries
Semirara Mining and Power Corporation and Subsidiaries Consolidated Financial Statements December 31, 2023 and 2022 and Years Ended December 31, 2023, 2022 *SGVFS187586* INDEPENDENT AUDITOR’S REPORT The
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· Antique’s Semirara Island will soon have its own wind farm that can generate as much as 12 megawatts (MW) of energy, boosting electricity supply on the island—depository of the biggest coal
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· SEMIRARA Mining and Power Corp. (SMPC) formally signified interest with the Department of Energy (DOE) to develop a 50-megawatt (MW) mine-mouth power plant in the province of Antique.
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· Southwest Luzon Power Generation Corp., a unit of Semirara Mining and Power Corp., obtained provisional authority from the Energy Regulatory Commission to operate two units of its 300-megawatt, coal-fired power plant expansion in Calaca, Batangas province.. Semirara said in a disclosure to the Philippine Stock Exchange
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· Year on year Semirara Mining and Power Corporation 's revenues fell -15.55% from 91.13bn to 76.96bn. This along with an increase in the cost of goods sold expense has contributed to a reduction in net income from 39.87bn to 27.93bn, a
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· Semirara Mining and Power Corp. and the Consunji Group plan to review plans to put up a cement project on Semirara Island following the issuance of Executive Order No. 130, which lifted the moratorium on new mining projects. “The lifting of the MPSA [mineral production sharing agreement] moratorium is a welcome development. In the
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· Consunji-led Semirara Mining and Power Corp. (SMPC) will pursue plans to develop a 700-megawatt (MW) coal-fired power plant, via subsidiary St. Raphael Power Generation Corp., as part of its long
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Company Information-Philippine Stock Exchange
Semirara Mining and Power Corporation (SCC) was incorporated on February 26, 1980 to explore, develop, and mine the coal resources in Semirara Island, Caluya, Antique
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· WEAK COAL and power selling price pulled down the consolidated net income of Semirara Mining and Power Corp. (SMPC) by 30% to P27.9 billion in 2023, the company said on Wednesday. “Last year, we expected energy prices to stabilize so we focused on boosting our mine and plant outputs. Our people played a crucial role […]
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· SEMIRARA Mining and Power Corp. (SMPC) formally signified interest with the Department of Energy (DOE) to develop a 50-megawatt (MW) mine-mouth power plant in the province of Antique. Energy Secretary Alfonso Cusi, SMPC President and CEO Victor A. Consunji and SMPC Chairman and CEO Isidro Consunji signed on August 14 a
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· Semirara Mining and Power Corporation (SMPC) is the largest coal producer in the Philippines, and the only power producer in the country that owns and mines its own fuel source — coal. SMPC has
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Our Business
Semirara Mining and Power Corporation operates the largest and most modern pit mine in the Philippines. Our truck and shovel operations can produce 16 million metric tons of coal annually. Our power business has an installed generating capacity of 900MW, providing affordable electricity to the main grid.
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Company Profile – Semcalaca
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 and Liabilities Management Corporation (PSALM). SEM-Calaca Power Corporation
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· Semirara Mining and Power Corp. remains keen on developing a 700-megawatt coal-fired power plant in Calaca, Batangas under subsidiary St. Raphael Power Generation Corp. SMPC president and chief operating officer Maria Cristina Gotianun confirmed the project encountered right-of-way issues which hampered its development.
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· ISIDRO A. CONSUNJI, chairman and executive officer of Semirara Mining and Power Corp., said in a briefing on Friday that he expects power prices to continue rising next year, with any relief to be provided gas imports, which will start arriving in significant volumes in 2024, to depend on how high gas prices will be.
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· MANILA -Tycoon Isidro Consunji’s Semirara Mining and Power Corp. is earmarking P1.5 billion in capital expenditures this year to boost its power output and avert power outages in the country, a
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Semirara Mining and Power Corporation-Wikipedia
OverviewOur Business
Semirara Mining and Power Corporation operates the largest and most modern pit mine in the Philippines. Our truck and shovel operations can produce 16 million metric tons of
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No Slide Title-Semirara Mining and Power Corporation
SEM-CALACA LOCATION. 2 x 300 MW SEM-Calaca Power Coal-Fired Power Plant. 167 hectare complex. Units 1 & 2 cover. 67 hectares. about 115kms south of Manila. 270kms by sea from Semirara Island. Luzon & Visayas Grids are inter-connected.
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· Consunji-led Semirara Mining and Power Corporation (SMPC) is allotting Php 5.6 billion in capital expenditure (CAPEX) for 2023 for its power and mining assets. Of the total, Php 1.5 billion is allocated for the maintenance activities of its power subsidiaries, SEM-Calaca Power Corp. (SCPC) and Southwest Luzon Power Generation Corp.
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Company Information-Philippine Stock Exchange
Company Description. Semirara Mining and Power Corporation (SCC) was incorporated on February 26, 1980 to explore, develop, and mine the coal resources in Semirara Island, Caluya, Antique through a coal operating contract with the Department of Energy in 1977 (amended 1981). On August 18, 2014, the Securities and Exchange Commission
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Philippines’ top coal producer set to make second shipment to
June 1, 2023-1:19 PM. A picture of a coal plant as uploaded by the Semirara Mining and Power Corporation on its Facebook page on Aug. 11, 2022 (SMPCEmpoweringOthers/Facebook) MANILA — Top Philippine coal producer Semirara Mining and Power Corp. said on Thursday it will ship 50,000 tonnes of coal to Japan’s
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· 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
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