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The Court of Appeals (CA) has affirmed with finality its June 2023 decision annulling the Energy Regulatory Commission’s (ERC) ruling which denied the application for a rate hike jointly filed by the power units of San Miguel Corp. and the Manila Electric Co. (Meralco). In a decision dated December 28,…
The country’s power supply could be “tight” in the summer of 2024 amid higher demand and the lack of new power sources. “It’s still going to be tight because there is no new power plant except maybe the Excellent plant of San Miguel that’s scheduled to be completed by the…
BATANGAS CITY: The City Council of Batangas has passed a resolution that supports the operations of San Miguel Global Power (SMGP), which took ownership of the Ilijan Natural Gas Plant here in July 2022.
SAN Miguel Corp. s profit more than doubled in the first nine months of the year, the conglomerate said on Monday, boosted by strong performances from key operating units.