Prices Of Electrical Materials And Equipment
Prices of electrical materials and equipment soared over the course of the pandemic, according to the updated price index of the National Electrification Administration (NEA) for electric cooperatives.
The revised index “will serve as a tool for NEA in the evaluation of EC capital expenditure (capex) project and funded projects by subsidies or loans, as well as the basis of electric cooperative in determining the approved budget cost for the procurement of equipment and materials (EM).” | #NEANews via Philippine Star
