The Department of Budget and Management (DBM) released a total of P969.3 million to the National Power Corp. (Napocor) on Wednesday to “support the operational and maintenance requirements of the Small Power Utilities Group [SPUG]” that implements most of electrification projects in the country, mostly for the remote areas nationwide.
The DBM said that the fund would be sourced from Napocor’s authorized appropriations from the 2013 General Appropriations Act (GAA), and would be allotted to improve efficiency of operations of power plants all over the country.
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