IKOT.PH
Loans extended by state-run National Electrification Administration (NEA) to electric cooperatives (ECs) reached P102 million in the first quarter of 2021. Latest data from the NEA Accounts Management and Guarantee Department (AMGD) showed that from January to March this year, P102.4 million in loans, including calamity loans, were released to five ECs. These ECs availed […]
The National Electrification Administration (NEA) has extended calamity loans to electric cooperatives (ECs) that have sustained significant damage during the onslaught of Typhoon Tisoy last December. NEA Administrator Edgardo Masongsong said the state-run agency released P31.246 million worth of financial assistance to four ECs in the Bicol region and Mimaropa (Mindoro, Marinduque, Romblon, and Palawan) […]