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A total of 27 electric cooperatives (ECs) applied for state-funded loans to finance their capital expenditures (CapEx), among other projects, by end of August 2024, the National Electrification Administration (NEA) has reported.

Latest data from the NEA Accounts Management and Guarantee Department (AMGD) showed that 22 ECs borrowed at least P780-million for their CapEx projects.

As the Philippines continues to weather storms, earthquakes, and other environmental hazards, the National Electrification Administration (NEA) enjoined all electric cooperatives (ECs) to stay ready in the event of serious calamities by obtaining insurance policies for their critical assets.

In a memorandum dated 10 September 2024, the NEA through Deputy Administrator for Technical Services Engr. Ernesto Silvano, Jr. sought information from all ECs under its watch regarding insurance coverage for their technical and operational facilities.

For keeping the lights on in the countryside amid the increasing challenges of our times, the National Electrification Administration (NEA) honored on Saturday (31 August 2024) multiple electric cooperatives (ECs) across Luzon, Visayas, and Mindanao at the 2024 Lumens Awards.

This year, the NEA presented the Best Region Award to three administrative groups namely Calabarzon, Central Visayas, and Caraga for ensuring that all their ECs sustained the delivery of top-notch power distribution services to their member-consumer-owners.