NEA fulfills co-ops’ loan requests, but cash flow in danger

Electric cooperatives have already secured a total of P343.4 million in loans from the National Electrification Administration (NEA) at end-July, bulk of which was used to bring power to communities that still have no access to electricity. Data from the NEA, which administers 121 electric cooperatives, showed that of the total amount, about P240 million […]