Thursday, March 30, 2017

Japan will give P340 Million aid to electric cooperative in Mindanao!

The Japan International Cooperation Agency (JICA) is giving the Philippines P340 million in aid to support electric cooperatives in Mindanao's conflict-ridden areas, according to a government statement.

The project, which will be implemented by the National Electrification Administration (NEA), will upgrade the power distribution equipment of six electric cooperatives, the National Economic Development Authority said.

"By helping resolve the power supply issues in conflict-affected areas, we aim to help the Philippines create more economic activities in the region," said JICA Chief Representative Susumu Ito was quoted as saying in the statement

Aging equipment currently being used by the cooperatives result in a 26 percent energy loss during transmission, the statement said, citing JICA.

With the grant, energy distribution losses will be reduced by 7 percent and up to 44,000 households will be assured of reliable energy supply, the statement said.JICA, NEDA, DOE team up to boost energy supply in Mindanao's conflict-affected areas


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