The National Electrification Administration (NEA) is exploring means on how it can extend financial assistance to Lanao del Sur Electric Cooperative (LASURECO), of which power supply had been set for disconnection due to its P12.9 billion worth of unpaid obligations with state-run Power Sector...
The Department of Finance (DOF) has ordered the collection of unpaid electricity bills of the Maguindanao Electric Cooperative, Inc. (MAGELCO) and Lanao del Sur Electric Cooperative, Inc. (LASURECO). In a statement Wednesday, June 8, the DOF said MAGELCO and LASURECO have outstanding accounts...
The National Electrification Administration (NEA) is seeking write-off of the consumers’ “worthless receivables”, including those whose records have been destroyed or already impossible to be retrieved. In particular, NEA indicated in an addendum that it is providing clarification to the...