Power co-op emergency fund measure enacted

PRESIDENT Rodrigo Duterte has signed into law Republic Act 11039, or the Electric Cooperatives Emergency and Resiliency Fund (ECERF), which aims to help these power firms rehabilitate their infrastructure after a natural disaster.

The P750-million fund will be taken initially from the National Disaster Risk Reduction and Management Fund (NDRRMF), while the National Electrification Administration (NEA) will manage and disburse it.