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Politics

BENECO TO OBSERVE STATUS QUO – GATCHALIAN

Pending the resolution of cases in court, Senator Win Gatchalian urged the National Electrification Administration (NEA) to observe the status quo in the operations of Benguet Electric Cooperative (BENECO) under the leadership of its board-appointed general manager. “We’ve known BENECO as a perfectly managed cooperative. My only interest being your chairman of the Senate Energy […]

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Politics

GATCHALIAN CALLS FOR COMPROMISE IN BENECO ISSUE

Worried that the leadership impasse will disrupt the operations of Benguet Electric Cooperative (BENECO), Senator Win Gatchalian urged the National Electrification Administration (NEA) to undertake efforts to reach a middle ground with the employees and officers of the utility company. “My worry is the stability of the operations of BENECO. Baguio is a highly urbanized […]

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Politics

SENATE TO PROBE BENECO-NEA STANDOFF – GATCHALIAN

Senator Win Gatchalian has filed a resolution calling for a full-blown inquiry into the management standoff between Benguet Electric Cooperative Inc. (BENECO) and the National Electrification Administration (NEA). Gatchalian noted that while reports showed that regular services of the electric cooperatives, which had been interrupted by the forcible takeover by NEA-appointed officials last October 18 […]

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Politics

SENATE TO PROBE BENGUET ELECTRIC COOP MESS – GATCHALIAN

Senator Win Gatchalian pressed the National Electrification Administration (NEA) to ensure the continuing and uninterrupted supply of electricity in Baguio City and all 13 towns in Benguet province amid the leadership crisis in Benguet Electric Cooperative (BENECO). This, even as NEA Administrator Emmanuel Juaneza gave word to Gatchalian in a recent budget hearing at the […]

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Government

RELEASE OF P120-M FOR NEA PROJECTS GETS DUTERTE OK

The National Electrification Administration (NEA) has welcomed the approval of President Rodrigo Duterte to release funds for the implementation of the agency’s rural electrification projects in the countryside. The approved funds, which amount to P120 million, are contained in Republic Act (RA) No. 11518 or the 2021 General Appropriations Act (GAA), intended for the installation […]

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Government

NEA: 313 EMPLOYEES FULLY VAXXED VS COVID-19

More than 300 employees and other building occupants of the National Electrification Administration (NEA) have been fully vaccinated against coronavirus disease 2019 (COVID-19). Data as of October 1, 2021, showed that a total of 352, or 86.7 percent out of the 406 personnel and other occupants of the NEA building in Quezon City were already […]

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Government

P1.8B IN 2022 BUDGET FOR ELECTRIFICATION PROJECTS

The National Electrification Administration (NEA) said P1.827 billion has been allocated to support the continued implementation of the rural electrification projects in the proposed budget for fiscal year 2022. The bulk of the said amount, or P1.627 billion, is appropriated for the implementation of the Sitio Electrification Program. At least P200 million is earmarked for […]

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Government

NEA RELEASES P455-M IN LOANS TO COOPS AS OF AUGUST

The National Electrification Administration (NEA) has released P455.293 million worth of loans, including calamity loans, to 19 electric cooperatives (ECs) under the Enhanced Lending Program from January to August this year. Data from the NEA Accounts Management and Guarantee Department (AMGD) as of August 31, 2021 showed that the bulk or P380.293 million of these […]

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Government

NEA EXPLAINS TO COA: NO UNRECORDED BANK ACCOUNTS

The National Electrification Administration (NEA) issued a clarification on an audit observation memorandum (AOM) issued by the Commission on Audit (COA) regarding the bank accounts that were not reflected in the agency’s books of accounts.  The agency’s Financial Services and Accounting Division explained that the two bank accounts with a total amount of P290 million […]

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Government

I’M READY TO STEP DOWN AS NEA CHIEF – MASONGSONG

National Electrification Administration (NEA) Administrator Edgardo Masongsong on Monday said he is ready to step down from his post and handover the reins of his office to the officer-in-charge to be appointed by Malacañang. This as Masongsong has stressed that he has yet to receive formal communication from the Palace on his reported termination for […]