Defining the News
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.
“We remain interested in pursuing SRPGC, but due to the legal challenges NGCP is facing from property owners due to ROW issues, we do not anticipate moving forward anytime soon,” Gotianun said. “We are conducting ongoing studies to assess its viability, capital requirements and price volatility of nat gas,” Gotianun said.Gotianun earlier said 2024 would be a pivotal period for the company as market prices and demand stabilize.
She said SMPC expects Sem Calaca Power Corp. unit 2 to operate at its full capacity of 300 MW in the second half, assuming a successful and timely generator swap.“We anticipate strong performance from the power segment, potentially offsetting anticipated weakness in the coal business due to unfavorable market conditions,” Gotianun said.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
700 local, foreign brands join 2024 Franchise Asia PH ExpoDefining the News
Baca lebih lajut »
Nearly 700 bets take part in Philippine Athletics ChampionshipsClose to 700 athletes, including the country’s finest and bets from nine foreign countries, will see action in the Philippine Athletics Championships scheduled May 8-12 at the PhilSports track oval in Pasig City.
Baca lebih lajut »
Annual Meeting of Stockholders of Semirara Mining and Power CorporationThe Annual Meeting of Stockholders of Semirara Mining and Power Corporation will be held on May 6, 2024. The meeting will include the presentation and approval of audited financial statements for 2023, ratification of the acts of the Board of Directors and Management, and voting by stockholders. Only stockholders of record as of March 12, 2024, will be entitled to vote. The meeting will also address questions and provide email replies.
Baca lebih lajut »
Annual Meeting of Stockholders of Semirara Mining and Power CorporationThe Annual Meeting of Stockholders of Semirara Mining and Power Corporation will be held on May 6, 2024. The meeting will include the presentation and approval of audited financial statements for 2023, as well as the ratification of the acts of the Board of Directors and Management from the date of the last annual stockholders’ meeting up to the date of this meeting.
Baca lebih lajut »
Semirara Q1 profit: P6.5-B (down 28%)Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion.
Baca lebih lajut »
Semirara’s profit declined 28% in 3 months on weaker market pricesDefining the News
Baca lebih lajut »