The Department of Energy (DOE) has relaunched the coal auction for the Semirara mine in Antique, with the contract award targeted for January 2027.
Energy Secretary Sharon Garin invited qualified bidders to compete for 18 coal blocks across Antique, Cagayan, and Isabela, with bid submissions set for Dec. 11.
The DOE expects to announce the highest-rated bidder on Dec. 28 and issue the notice of award on Jan. 11, 2027, ahead of the expiration of the existing Semirara mining contract in July.
The auction follows a new joint framework issued by the DOE and the Department of Environment and Natural Resources, which has drawn criticism over provisions requiring asset surrender and using financial offers in bidder rankings.
Semirara Mining and Power Corp. and other stakeholders have questioned the rules, while lawmakers warned that continued uncertainty could threaten coal supply and discourage investments.
Source: PhilNews24 | November 12, 2026
DOE RESUMES COAL AUCTION, SETS JANUARY TARGET FOR AWARD
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