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ELECTRIFICATION PROJECTS IN 2018 FUNDED THROUGH NEA LOAN FACILITY – MASONGSONG

Several electrification projects in 2018 ranging from installation of new substations, construction of distribution lines, to rehabilitation of mini-hydro power plants were financed through loans offered by state-run National Electrification Administration (NEA). Data from the NEA Accounts Management and Guarantee Department (AMGD) showed P2.084 billion worth of loans, including calamity loans, were extended to 62 […]