Thursday 24 May 2018
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3 months ago

NEA takes over Abra power firm over debts

BAGUIO CITY --- The National Electrification Administration (NEA) has taken over the power utility serving Abra province, averting a power crisis that would have left 47,700 households in 27 towns in darkness on Monday. Abra Electric Cooperative (Abreco) was suspended from buying power through the wholesale electricity spot market (WESM) on Jan. 31 due to unpaid fees amounting to P206.5 million, according to the Philippine Electric Market Corp. Abreco had resorted to buying electricity from WESM aft

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