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The National Electrification Administration (NEA) has instructed all 121 electric cooperatives (ECs) to comply with the 2024-2028 projected number of potential consumer connections in pursuit of its accelerated total electrification plan.

NEA Administrator Antonio Mariano Almeda signed a memorandum dated 12 December 2023, encouraging the ECs to harmonize their targets and monitor accomplishments towards the aforesaid goal in line with the Local Total Electrification Roadmap and the Distribution Development Plan.

The National Electrification Administration (NEA) already disbursed a total of P975.54-million worth of loans to at least 26 electric cooperatives (ECs) between January to 30 November 2023, according to the latest report of its Accounting Management and Guarantee Department (AMGD).

The updated figures showed that the state-owned corporation already exceeded its P700-million target releases for the year by 139.36-percent. The largest part or P474.69-million funded the capital expenditures (CapEx) of 19 ECs particularly those in the Mindanao.

The National Electrification Administration (NEA) welcomed the support of the Spanish Embassy in the Philippines, which expressed serious interest in developing an electrical grid for Maguindanao del Sur to improve its power distribution system and spur economic growth in the province.

This transpired following a closed-door meeting between officials of the NEA led by Administrator Antonio Mariano Almeda and the visiting Spanish Ambassador Miguel Utray Delgado with Vice Governor Nathaniel Midtimbang and other local government executives last 08 November 2023.