The Cooperative Development Authority (CDA) is asking for the reinstatement of its supervisory powers over electric cooperatives, saying that the latter’s members have long been unjustly deprived of the monetary benefits due them.
In an interview with The Manila Times, Undersecretary Orlando Ravanera, CDA chairman, said that while there are at least 119 electric cooperatives (ECs) in the country, only 12 are duly registered with the CDA. These cooperatives have 11 million MCOs [members-consumers-owners], he added.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.