NEA extends P1.2 billion loansto ECs in 2022
The National Electrification Administration extended P1.2-billion worth of loans last year to support the operations of 35 electric cooperatives.
Stay updated with breaking news from Overall Performance Assessment. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The National Electrification Administration extended P1.2-billion worth of loans last year to support the operations of 35 electric cooperatives.
SunStar + December 15, 2020 THE Central Negros Electric Cooperative (Ceneco), with an almost perfect score of 99.25, was once again rated Category AAA or Triple A by the National Electrification Administration (NEA). This is based on the recently released results of the Electric Cooperatives (ECs) Overall Performance Assessment and Size Classification for the Calendar Year 2019. The Triple A Category is the highest rating given by the NEA to ECs who have excellently performed in their operations, and have been compliant to the Financial, Institutional, Technical and Reportorial s...