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Government

CHANGES MADE AT NEA TO EXECUTE VISIONARY GOALS – MASONGSONG

To improve its overall operational efficiency and performance, the National Electrification Administration (NEA) has undergone a major sectoral and departmental reshuffle effective April 2. According to Office Order No. 2018-067 dated March 26, NEA Administrator Edgardo Masongsong said the “new assignments provide, among others, for an opportunity to exhibit leadership and demonstrate people management, with […]

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Government

OVER P2B LOANS EXTENDED TO POWER COOPS IN 2017 – MASONGSONG

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 […]