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The National Electrification Administration (NEA) facilitated a total of P1,002,540,867.31 worth of loans to 28 electric cooperatives (ECs) by the end of calendar year 2023, according to the latest report of its Accounts Management and Guarantee Department (AMGD).
Based on updated figures released for the month of December 2023, the AMGD processed an additional P27,000,000 worth of loans to mostly fund the working capital of ECs.
Read more: NEA LOANS EXTENDED TO ECS EXCEED P1-BILLION FOR 2023
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Officials from the National Electrification Administration (NEA) attended a special gathering hosted by the Pampanga I Electric Cooperative, Inc. (PELCO I) on Thursday, 28 December 2023, to celebrate another year of strong partnership.
Deputy Administrator (DA) for EC Management Services Atty. Omar Mayo and Board Member (BM) Agustin Maddatu led the NEA officials and employees present during the ceremony held at the PELCO-I SMCGP Knowledge Center in Santo Domingo, Mexico, Pampanga.
In his remarks, the DA thanked PELCO I for sending electric meters and other forms of support to their fellow cooperatives in Maguindanao and Lanao del Sur.
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The National Electrification Administration (NEA) heads into the New Year with great enthusiasm, as preparations continue for the launch of one of its flagship projects, the Digital Dashboard Command Center (DDCC).
NEA Administrator Antonio Mariano Almeda said that he looks forward to working with Benguet Electric Cooperative (BENECO) and Cebu III Electric Cooperative, Inc. (CEBECO 3), which will serve as pilot co-ops for the first phase of DDCC.
Read more: NEA AIMS TO LAUNCH FLAGSHIP DIGITAL DASHBOARD COMMAND CENTER WITHIN 2024
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The National Electrification Administration (NEA) maintained an effective Quality Management System (QMS) of its legal, institutional, financial and technical services to electric cooperatives (ECs), thereby enabling the Agency to qualify for a new certificate from the International Organization for Standardization (ISO).
TÜV Rheinland Philippines, Inc. conducted a recertification audit of NEA last 21 December 2023. The independent auditors recommended the issuance of the ISO 9001:2015 certificate to the state-owned corporation after passing their evaluation.
“The audit team confirms in line with the audit targets that the organization’s management system complies with, adequately maintains and implements the requirements of the standard(s),” TÜV said in its initial audit report.
Read more: NEA Sustains Quality Services, Earns New ISO Certificate
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National Electrification Administration (NEA) chief Antonio Mariano Almeda highlighted the resolution of power supply problems and other issues faced by electric cooperatives (ECs) in Benguet, Occidental Mindoro, and Maguindanao among the major accomplishments of the Agency this 2023.
The Administrator delivered his report during a thanksgiving gathering hosted by the Philippine Rural Electric Cooperatives Association, Inc. (PHILRECA) last Monday evening, 18 December 2023. He noted in particular the improved electricity situation in Occidental Mindoro after a period of crisis.
“The pressure was not only coming from the people of Occidental Mindoro. From what I have seen when I went there, talagang nakakaawa, ang init-init sa (it was really heartbreaking, it was so hot in) Mindoro… Imagine 20 hours of brownout? So, we came up with solutions,” Administrator Almeda said.
Read more: Resolution of Co-op Issues part of top NEA Achievements for CY 2023
