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The National Electrification Administration (NEA) welcomed the support of the Spanish Embassy in the Philippines, which expressed serious interest in developing an electrical grid for Maguindanao del Sur to improve its power distribution system and spur economic growth in the province.

This transpired following a closed-door meeting between officials of the NEA led by Administrator Antonio Mariano Almeda and the visiting Spanish Ambassador Miguel Utray Delgado with Vice Governor Nathaniel Midtimbang and other local government executives last 08 November 2023.

With the recent successful implementation of the Integration of Productive Uses of Renewable Energy (I-PURE) program in Mindanao, the National Electrification Administration (NEA) looks forward to improving the electrification rate of the entire island, which is currently at 80 percent.

NEA Administrator Antonio Mariano Almeda issued this statement Thursday last week, 09 November 2023, when he attended the switch-on and building marker unveiling ceremonies of several key I-PURE projects in Tacurong City, Sultan Kudarat.

In his remarks, the Administrator took note of the opportunities that the entire I-PURE program, and other similar projects, would bring in terms of addressing the challenge of 100 percent total electrification by 2028.

The National Electrification Administration (NEA) processed a total of P934.56-million worth of loans to support the operations of 24 electric cooperatives (ECs), based on data released by its Accounting Management and Guarantee Department (AMGD) as of 31 October 2023.

The AMGD said P449.71-million was used to fund the capital expenditures (CapEx) of 18 ECs, including three (3) electric distribution utilities from Luzon: First Laguna Electric Cooperative, Inc. (FLECO), Quezon I Electric Cooperative, Inc. (QUEZELCO I), and Sorsogon I Electric Cooperative, Inc. (SORECO I).