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NEA EXTENDS DEADLINE FOR EC LOAN AMORTIZATION PAYMENT

The National Electrification Administration (NEA) has extended the payment deadline for amortization of loans extended to electric cooperatives (ECs) that are due for the second quarter of 2020.  NEA Administrator Edgardo Masongsong issued Memorandum No. 2020-033, extending the deadline for ECs to settle their loan amortization from June 30 to July 30, 2020. The relief […]