NEA approves credit facility to support power co&ops’ non&network, grid projects

THE National Electrification Administration (NEA) approved a credit facility to support non-network and smart-grid capital expenditure (capex) requirements of electric cooperatives (ECs). “As a result of our series of discussions with the ECs and to provide them with easy access to funding, we are proposing to establish a Credit Facility for non-network capex projects and […]

NEA approves credit facility to support power co&ops’ non&network, grid projects
THE National Electrification Administration (NEA) approved a credit facility to support non-network and smart-grid capital expenditure (capex) requirements of electric cooperatives (ECs). “As a result of our series of discussions with the ECs and to provide them with easy access to funding, we are proposing to establish a Credit Facility for non-network capex projects and […]