Five electric cooperatives (ECs) took out P123.118 million in loans to improve their respective electrification infrastructure, the National Electrification Administration (NEA) said on Monday.

These ECs are Bantayan Island Electric Cooperative, Inc. (Banelco); La Union Electric Cooperative, Inc. (Luelco); Quezon I Electric Cooperative, Inc. (Quezelco I); Bohol II Electric Cooperative, Inc. (Boheco II); and Bukidnon Second Electric Cooperative, Inc. (Buseco).

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