Semirara Mining hikes capex by 62%

Mar 16, 2018 12:09 am

CONSUNJI-LED Semirara Mining and Power Corp. is hiking its 2018 capital expenditures by 62 percent to P13 billion to boost its excavating capacity and extend the operating life of its power facilities.

More than half, or P7 billion, will be allotted to its subsidiaries Sem-Calaca Power Corp. (SCPC) and Southwest Luzon Power Generation Corp. (SLPGC).

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