Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Power co-ops to roll out services to 1,492 homes in five provinces

Power co-ops to roll out services to 1,492 homes in five provinces – BusinessWorld Online


      
      
      
      
      








BW FILE PHOTO

THE Department of Energy (DoE) said five electric cooperatives (ECs) will roll out services to 1,492 households in remote or underserved areas.

The ECs are the Aklan Electric Cooperative, Inc., Aurora Electric Cooperative, Inc., La Union Electric Cooperative, Inc., Quezon II Electric Cooperative, Inc., and Southern Leyte Electric Cooperative, Inc.

With funding of P192.8 million, the power cooperatives will employ a mix of on-grid connections and microgrid solutions.

The recipients were identified in consultation with the National Electrification Administration.

The DoE’s Locally Funded Project-Total Electrification Program funded the service rollout.

“Total electrification is not just a number to be achieved; it is a social contract that ensures every Filipino, regardless of geography or circumstance, can benefit from the progress our nation is making,” Energy Secretary Sharon S. Garin said.

“We are laying down the energy foundations that will sustain our economy and uplift our people for generations to come,” she added. 

The government is hoping to achieve 100% electrification by 2028. — Sheldeen Joy Talavera

CEDTyClea





    You May Also Like

    Finance

    Trump Media and Technology Group (TMTG) has struck a deal to broadcast GB News on its US-based streaming platform, Truth+, in a move that...

    Finance

    Prime Minister Keir Starmer is tightening control over the government’s economic strategy by strengthening a cross-government Budget Board that will shape the Autumn Statement...

    Finance

    Maven Capital Partners has invested £1.5 million in Blueskytec, a cybersecurity hardware specialist, through the British Business Bank’s South West Investment Fund. Blueskytec develops...

    Finance

    A Hardback Journal offers more than just durability; it is a trusted companion in your journey toward emotional clarity, positivity, and mental well-being. At...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.