KAELCO PARES DOWN P236-M UNLIQUIDATED FUNDS – NEA
The Kalinga-Apayao Electric Cooperative, Inc. (Kaelco) has finally liquidated around P113-million worth of subsidy funds barely a month since the National Electrification Administration (NEA) assigned a project supervisor to manage the affairs of the struggling distribution utility. The amount was part of the P236-million financial...
