March 5, 2021

Power co-ops told to back TransCo as off-grid system operator

By Jordeene B. Lagare – March 5, 2021 from The Manila Times Electric cooperatives (ECs) nationwide are enjoined to ensure the smooth transition of their system operator functions to the National Transmission Corp. (TransCo). In a recent memorandum, the Department […]
March 3, 2021

NEA to ask Budget dep’t for P16.76 billion until 2026 to fund remaining sitio electrification

By Angelica Y. Yang – March 2, 2021 | 7:55 pm from Business World PHILSTAR THE National Electrification Administration (NEA) said Monday that it will be seeking P16.76 billion worth of additional funding from the Department of Budget and Management […]
February 26, 2021

Electric coops urged on timely CSP of power supply deals

By Myrna M. Velasco – February 25, 2021, 8:00 AM from Manila Bulletin The country’s electric cooperatives (ECs) are prodded to undertake their competitive selection process (CSP) on power supply agreements (PSAs) to guarantee that they will not suffer supply […]
January 25, 2021

NEA loan disbursements to ECs reach P440-M in 2020

By Myrna M. Velasco – January 24, 2021, 6:30 AM from Manila Bulletin The aggregate loans disbursed by the National Electrification Administration (NEA) to the electric cooperatives reached P439.983 million last year, according to the agency’s accounts management and guarantee […]