DIVERSIFIED San Miguel Corp. (SMC) is discussing with cooperatives the possible sale of a portion of its stake in its clean coal-fired power plant in Limay, Bataan. The country’s most diversified conglomerate has offered as much as 49% of the power plant’s ownership to cooperatives and other customers, its President and Chief Operating Officer Ramon…
Tag: Limay
NGCP raises yellow alert on thin reserves for Luzon grid
The National Grid Corp. of the Philippines (NGCP) on Monday issued a yellow alert for the Luzon Grid from 10:00 a.m. to 5:00 p.m. on 13 June 2016, citing thin reserves on the heels of outages in several power plants. According to the Manila Electric Co. (Meralco), the alert was issued due to the outage…