State-run National Electrification Administration (NEA) has released P2.096-billion worth of loans, including calamity loans, to 52 electric cooperatives (ECs) through various loan windows in 2017, surpassing its target of P1.7-billion for the year. The bulk of the loans, amounting to P1.298-billion, helped bankroll the capital expenditure projects of different ECs, while P304-million were borrowed by […]
