MANILA, July 11 (Bloomberg): San Miguel Corp, one of the Philippines’ largest power generators, will drop new coal projects from its expansion plans as it prepares for a transition to a low-carbon future.
"This has not been easy as our country still depends much on reliable and affordable traditional power sources,” the company’s President Ramon Ang said in a Facebook post on Saturday.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
