The House Committee on Good Government and Public Accountability, chaired by Manila Representative Joel Chua, opened an inquiry into the financial situation of the Zamboanga City Electric Cooperative (ZAMCELCO). In his privilege speech recently, Majority Leader Mannix Dalipe highlighted ZAMCELCO’s financial woes, including P4.6 billion in liabilities, 22% systems loss and monthly losses of about […]
Tag: Zamboanga City Electric Cooperative
The National Electrification Administration (NEA) has approved the appointment of new members of the Task Force Duterte Zamboanga City Power acting as the Board of Directors (BOD) for Zamboanga City Electric Cooperative, Inc. (ZAMCELCO). This after the NEA Board of Administrators passed Resolution No. 113 on September 26 approving the deactivation of the ZAMCELCO Board […]