NEA sets energy summit in Zamboanga City

ZAMBOANGA CITY — The National Electrification Administration (NEA) will conduct an Energy Summit on Friday, August 10, to address the problems besetting the Zamboanga City Electric Cooperative (Zamcelco).

Initiated by first district Rep. Celso Lobregat, the summit will be spearheaded by no less than NEA Administrator Edgardo Masongsong. It will be held at the auditorium of Zamcelco.

Lobregat said among the problems besetting Zamcelco include administrative, operations, and financial aspects, which according to the lawmaker “needs to be resolved before everything is too late.”

Lobregat said he has invited all stakeholders and local officials who have concerns with Zamcelco and NEA to attend the forum.

He said the issues about the proposed NEA take-over to the Zamcelco, the standing debts of the coop, the systems loss issue, the status of loans and to include the pending Investment Management Contract (IMC) will also be discussed during the summit.

Lobregat said he visited Masongsong last week and requested the NEA official to the forum, and for the agency to provide the necessary technical and administrative assistance to Zamcelco.

He also asked Masongsong to facilitate a “win-win solution” to manage and operate Zamcelco for it to be able to sustain its services to the member-consumers. (Teofilo Garcia, Jr./PNA)

Popular

VP on trial: What you need to know about the impeachment of Sara Duterte

By Brian Campued About five months since the second series of impeachment complaints against Vice President Sara Duterte was formally initiated, the House prosecution panel...

Impeachment trial: The pursuit of truth, justice, and accountability

By Dean Aubrey Caratiquet At its core, every government around the world implements a set of checks and balances enshrined in its respective constitution to...

Canadian firms’ $15.9B investment pledges seen to boost PH mining sector

By Ruth Abbey Gita-Carlos | Philippine News Agency Canadian gold and copper producer OceanaGold Corp. has pledged to invest $1.9 billion for the continued operation...

PBBM positions PH as ‘responsible’ hub for mineral processing

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday (Canada time) positioned the Philippines as a “responsible” hub for...