Semirara Mining and Power Corporation provided capex guidance for 2017. The company announced capital spending will have an allotment of PHP 14.5 billion. The PHP 14.5 billion capex budget allotted for 2017 by the company represents consolidated capex budget. The coal segment allotted around PHP 7 billion, inclusive of capital expenditures for the target increase in coal mining capacity. The balance of PHP 7.5 billion is for the power segment's capex requirement for 2017 covering normal maintenance capex and equipment enhancements for the Calaca power units under Sem Calaca Power Corporation and Southwest Luzon Power Generation Corporation, the wholly-owned operating power subsidiaries of the company.