Thursday, May 13, 2021

A Summer Of LIMITLESS Happiness

LIMITLESS and Coca-Cola Philippines partner to share happiness to customers to get limitless rewards to both brands despite the pandemic.

Phoenix Grows Market Share In FY2020, Sustains Recovery In 1Q2021

Good news for shareholders! Phoenix Petroleum’s market share rose to 7.1% at the end of 2020

Tonik Raises US$17M In Pre-Series B Funding

Tonik, the first neobank in the Philippines, is on its way to revolutionize the way money works! Learn more about them:

Building Brand Authenticity Through Regenerative Thinking

'Sustainability' is said to be the key for business sectors to combat the consequences of global warming, especially in the Philippines.

Gatchalian: Restore Power In Typhoon-Hit Areas So Students Can Resume Classes

Gatchalian: Restore Power In Typhoon-Hit Areas So Students Can Resume Classes

Spotlight

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

Senator Win Gatchalian said that P250 million funds under the current budget has been allocated from which electric cooperatives in typhoon-devastated areas can avail of to finance rehabilitation works on damaged power lines.

Gatchalian, Chairman of the Senate Energy Committee, bared this as he called on the electric cooperatives to seek aid under Republic Act 11039, otherwise known as the Electric Cooperatives Emergency and Resiliency Fund (ECERF), to hasten the restoration of power supply in typhoon-ravaged communities.

Power and communication lines are down in most parts of Catanduanes and Albay, two provinces badly affected by the onslaught of super typhoon Rolly. Reports say it may take at least 2 months to restore power in Albay since more than 70% of electric poles throughout the province were severely damaged.

“Kailangang tulungan nating maibalik agad ang kuryente at linya ng komunikasyon sa mga apektadong lugar. Isa sa mga maaantala nito ay ang pag-aaral ng mga estudyante na gumagamit ng internet para sa distance learning,” said Gatchalian.

After typhoons Quinta and Rolly, the country now prepares for tropical storm Siony which experts predict to intensify while possibly making landfall between Thursday night and Friday morning.

The ECERF, which is administered and managed by the National Electrification Administration (NEA), is allocated exclusively for the restoration or rehabilitation of electric cooperatives’ (ECs) or distribution utilities’ (DUs) damaged infrastructures after a fortuitous event or force majeure.

The ECERF, which was signed into law by President Duterte in June 29, 2018, has an appropriation of P250 million for 2020 which has remained unused as of June 30, 2020, Gatchalian said.

“Electric cooperatives and distribution utilities can draw funds from ECERF to enable them to repair their facilities as quickly as possible. A lot of electric poles were toppled by typhoons Quinta and Rolly. They can tap these funds in seeking financial assistance from the government,” the senator, who principally authored and sponsored RA 11039, said.

“This is a response fund. We have to utilize this in anticipation of situations like these. They can quickly restore power lines without having to worry about the pass on costs to the customers they serve,” the senator explained.

Spotlight

A Summer Of LIMITLESS Happiness

LIMITLESS and Coca-Cola Philippines partner to share happiness to customers to get limitless rewards to both brands despite the pandemic.

Phoenix Grows Market Share In FY2020, Sustains Recovery In 1Q2021

Good news for shareholders! Phoenix Petroleum’s market share rose to 7.1% at the end of 2020

Tonik Raises US$17M In Pre-Series B Funding

Tonik, the first neobank in the Philippines, is on its way to revolutionize the way money works! Learn more about them:

Building Brand Authenticity Through Regenerative Thinking

'Sustainability' is said to be the key for business sectors to combat the consequences of global warming, especially in the Philippines.

Lifestyle

Entertainment

More Stories

Caravan Brings Gov’t Services To Aurora Village Residents

The LGU and government agencies partner in delivering various services to the people in Aurora called "Serbisyo Caravan" to conduct public services in the place.

Cops Provide Potable Water To Pangasinan Villages

The Police Regional Office in Ilocos Region is set to turn over potable water sources to two villages in two towns in Pangasinan under the Patubig ng Pulis project.

Comelec-Dumaguete Calls On Would-Be Voters To Register Early

The Comelec in Dumaguete is calling on residents to avail of the satellite voters’ registration in the barangays starting on May 15 to avoid the rush before the deadline on September 30 this year.

Legazpi’s Organic Chicken Raising Program Gets P3-M Fund From DA

The DA in Bicol has approved a PHP3-million grant to the City Veterinary Office (CVO) in Legazpi for the implementation of its "Range Chicken and Organic System for Alternative Livelihood" (ROSAL) project.

realme Solidifies No.1 Positioning With 8 Series, Elevating Mobile Photography With 108MP

realme is ready to give Filipinos the power to capture infinity as the realme 8 Series, its most anticipated midrange line, launches first on Lazada on May 12.

Travel

Motoring