LOANS extended by the National Electrification Administration (NEA) to electric co-operatives (ECs) reached P263.78 million at end-March this year. The state firm said 12 ECs availed of the financing assistance. Of the total amount, P178.45 million was tapped for capital expenditure (capex) of nine ECs. These are the Bohol I…
NEA loans to power co-ops hit P263.78M in first quarter bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Villar's PREIT utilizes IPO proceeds for energy projects philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
THE National Electrification Administration (NEA) announced it has extended P846.71-million worth of loan assistance as of end-August this year to support the operations of 23 electric cooperatives (ECs). The NEA’s Accounting Management and Guarantee Department reported that 16 ECs borrowed a total of P411.86 million for their capital expenditures. These…
As the Philippine economy steps up on its recovery journey from the scourge of the coronavirus pandemic, the National Electrification Administration (NEA) has extended credit facilities to electric cooperatives (ECs) that would the P1.2 billion-level approved last year.
According to the govern