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NEA GRANTS P1.8B LOANS TO ECs; HITS FULL-YEAR TARGET AHEAD OF SCHEDULE

State-run National Electrification Administration (NEA) has achieved its full-year loan availment target of P1.7 billion by the electric cooperatives (ECs) three months ahead of schedule. Latest data from the NEA Accounts Management and Guarantee Department (AMGD) show P1.8 billion worth of loans, including calamity loans, has been extended to 57 ECs as of end-September. The […]