The National Electrification Administration (NEA) through its Enhanced Lending Program has extended over P700-million worth of loans to electric cooperatives (ECs) in 2019, surpassing the full-year target of P450 million. Data from the NEA Accounts Management and Guarantee Department (AMGD) showed the agency released a total of P705 million to 31 ECs, bulk of the […]
Tag: EC
State-run National Electrification Administration (NEA) marked its month-long observance of the 9th National Electrification Awareness Month (NEAM) and the 49th Founding Anniversary of the agency by trumpeting the gains of the government’s rural electrification programs for nearly five decades. In his welcome remarks at the opening ceremony of the NEA-EC Consultative Conference on Monday (August […]