Bout Php500 Million Of The Php2 2 Billion Would Be Earmarked For Tep Implementation Aims To Make Electricity Available Toa Minimum 10 News Today : Breaking News, Live Updates & Top Stories | Vimarsana
MANILA - The Department of Budget and Management (DBM) has given the Department of Energy (DOE) a total of PHP2.2 billion for the implementation of energy projects in 2023. The allocation of about PHP2.2 billion was in line with the Marcos administration's bid to ensure an affordable and clean energy supply in the country, the DBM said in a press statement. It said the proposed funding would be used for energy programs, including the Total Electrification Project (TEP), Renewable Energy Development Program, Energy Efficiency and Conservation Program, and Alternative Fuels and Technologies Program. In a statement, Budget Secretary Amehan Pangandaman said the proposed budget for DOE's key programs would help the government achieve its goal to provide a reliable and affordable power supply in the country. "These initiatives are part of the administration's commitment to providing reasonably priced, sustainable, and sufficient electricity," Pangandaman said. Under the