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The National Electrification Administration (NEA) has released P455.293 million worth of loans, including calamity loans, to 19 electric cooperatives (ECs) under the Enhanced Lending Program from January to August this year. Data from the NEA Accounts Management and Guarantee Department (AMGD) as of August 31, 2021 showed that the bulk or P380.293 million of these […]
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 […]