ELECTRIC cooperatives (ECs) are given until this month to pay off their loans with the National Electrification Administration (NEA) as the country continues to reel from the impact of the lockdowns imposed to contain the spread of the coronavirus disease 2019 (Covid-19) in the country.
NEA Administrator Edgardo Masongsong, in the agency’s Memorandum 2020-033, said the payment deadline for loan amortization of power co-ops has been extended to July 30 from June 30.
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