By Riza T. Olchondra
MANILA, Philippines—Power would be the “main variable” for Semirara Mining Corp.’s performance this year, company vice chair Isidro A. Consunji told reporters.
Consunji said the country’s largest coal miner was projecting a profit of P4.8 billlion to P5.6 billion this year from its power generation and coal mining operations. If realized, that would translate to a 20 to 40 percent increase from the 2010 level.
Mining operations are already “predictable and maxed out,” he said. Semirara’s coal output was placed at 7 million tons, higher than its capacity of 6 million tons.
Semirara is expected to complete the rehabilitation of the Calaca coal-fired power plant in Batangas by the first quarter of next year.
The facility, which is being rehabilitated, has a capacity of 600 megawatts (MW).
Read here
MANILA, Philippines—Power would be the “main variable” for Semirara Mining Corp.’s performance this year, company vice chair Isidro A. Consunji told reporters.
Consunji said the country’s largest coal miner was projecting a profit of P4.8 billlion to P5.6 billion this year from its power generation and coal mining operations. If realized, that would translate to a 20 to 40 percent increase from the 2010 level.
Mining operations are already “predictable and maxed out,” he said. Semirara’s coal output was placed at 7 million tons, higher than its capacity of 6 million tons.
Semirara is expected to complete the rehabilitation of the Calaca coal-fired power plant in Batangas by the first quarter of next year.
The facility, which is being rehabilitated, has a capacity of 600 megawatts (MW).
Read here
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