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…
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…
The Development Bank of the Philippines (DBP) has extended a credit assistance amounting to P441 million for the development of the 2MW Bao River hydroelectric plant in Kananga, Ormoc City, Leyte. DBP President and Chief Executive Officer.
DBP approves funds for hydroelectric plant in Leyte, the Philippines waterpowermagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from waterpowermagazine.com Daily Mail and Mail on Sunday newspapers.
State-owned Development Bank of the Philippines (DBP) has granted a P441-million credit assistance for the development of a mini-hydroelectric plant in