NEA tasks deputy administrator to supervise Masbate power cooperative

By Lenie Lectura -March 6, 2020
from Business Mirror

THE National Electrification Administration (NEA) has appointed its deputy administrator for legal services to supervise the management and operations of the Masbate Electric Cooperative Inc. (Maselco).

NEA Administrator Edgardo Masongsong, who issued Office Order 2020-044 dated February 24, 2020, designated Rossan Rosero-Lee as the project supervisor of Maselco.

“In the exigency of the service and pursuant to Sections 4(e) and 5(a) of PD 269 as amended by Republic Act 10531, Deputy Administrator Rossan Rosero-Lee is hereby designated as Project Supervisor of Maselco in addition to her functions as deputy administrator for legal services, effective immediately,” the order stated.

Rosero-Lee is tasked to oversee the management and operations of Maselco and perform the functions of a regular board in the absence of the board of directors.

Masongsong added that the deputy administrator is also mandated to countersign checks, withdrawal slips and other banking transactions, as well as perform other tasks that may be assigned by the NEA for the purpose of operational efficiency.

Rosero-Lee replaced Romeo Acuesta, who was designated last year as Maselco’s project supervisor and acting general manager (AGM).

NEA said Acuesta remains the AGM of the electric cooperative. He will lead the day-to-day operations of Maselco and ensure the efficient delivery of electric service to consumers.

He is also authorized to review financial, institutional and technical reports, including action plans for operational improvement, as well as exercise powers to hire, transfer, discipline and terminate personnel of the electric cooperative.

Earlier, Maselco was placed under NEA management in 2017 due to the power distribution utility’s failure to settle its overdue obligations to DMCI Masbate Power Corp.