The National Electrification Administration (NEA) signed two separate memoranda of understanding (MOU) with the Philippine Space Agency (PhilSA) and the University of the Philippines (UP) to collaborate on various plans, programs, and projects aimed at accelerating its total electrification plan.
Read more: NEA Forges Partnership with PhilSA, UP to Accelerate Total Electrification Roadmap
The National Electrification Administration (NEA) requested anew the services of educators from the University of the Philippines (UP) to provide competency training and certification programs in electric power distribution system engineering.
This was formalized in a seven-page Memorandum of Agreement (MOA ) executed by NEA Administrator Antonio Mariano Almeda and UP Chancellor Edgardo Carlo Vistan II.
The National Electrification Administration (NEA) facilitated a total of P1,002,540,867.31 worth of loans to 28 electric cooperatives (ECs) by the end of calendar year 2023, according to the latest report of its Accounts Management and Guarantee Department (AMGD).
Based on updated figures released for the month of December 2023, the AMGD processed an additional P27,000,000 worth of loans to mostly fund the working capital of ECs.
Read more: NEA LOANS EXTENDED TO ECS EXCEED P1-BILLION FOR 2023