Two of the biggest electric cooperative (EC) groups in the country expressed grave concerns over the “publicity-driven” attempts of a private for-profit entity wanting to enter the power sector to “paint itself as a savior of rural electrification,” in what they tagged as a “concerted drive to undermine grassroots people’s organizations deeply embedded in the […]
Tag: Philreca
“Sa Kongreso kayo magpaliwanag. (Explain to Congress).” This was the message addressed to the Power Sector Assets and Liabilities Management Corp (PSALM) by two of the largest electric cooperative (EC) groups in the country, which criticized PSALM last week for passing the burden of its ballooning debts on interest charges to consumers in the form […]
Leaders of the two most influential groups in the electric cooperative (EC) sector reiterated the “absolute need and indispensability” of assured government funding for the recently-signed law providing financial support for ECs in times of calamities and disasters. President Rodrigo Duterte signed last June 29 Republic Act 11039 which mandates the creation of an Electric […]
One of the largest groups of electric cooperatives (ECs) in the country has joined the growing number of power sector stakeholders that have hit the Department of Energy’s (DOE) new procurement rules, questioning the arbitrariness of the guidelines in the awarding of various energy projects and their impact on current participants. The Philippine Rural Electric […]