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The National Electrification Administration (NEA; Filipino: Pambansang Pangasiwaan ng Elektripikasyon) is a government-owned and controlled corporation (GOCC) attached to the Department of Energy of the Philippines tasked in the full implementation of the rural electrification program (REP) and reinforce the technical capability and financial viability of the 121 rural electric cooperatives (ECs).
The NEA merged with the American Teachers Association, the historically Black teachers association founded as the National Association of Teachers in Colored Schools, in 1966. [19] The NEA's merger with the ATA, its transformation into a true labor union, and other factors were to greatly change the organization's demographics. [20]
The project cost is approximately NPR 4 billion which is funded by the government through NEA and concessional loan from the World Bank. [5] The loan is a part of an agreement with the World Bank made in February 2015 to provide $130 million to the government of Nepal to build solar stations to supply electricity to the Kathmandu Valley.
The firm continued to grow steadily throughout the 1980s and early 1990s raising $900 million from 1987 through 1996 across NEA's next four funds. [7] Beginning with NEA-8 in 1998, the firm greatly increased the size of its investment funds. NEA's tenth fund had $2.3 billion of investor commitments in 2000.
By 1965, the NEA was providing nearly $885,000 a year to locals in support of "professional negotiations", up from a mere $28,000 in 1961. [4] In 1962, pro-unionization forces in the NEA pushed to remove the organization's prohibition against strikes. They were unsuccessful, but did win approval of a "sanctions" policy.
In June 2020, the DOE announced that MOHELA was one of five servicers that would help oversee the federal student loan portfolio in order to bring “enhanced customer support”. [3] [4] In 2021, it was reported that some FedLoan (Pennsylvania Higher Education Assistance Agency) student servicing loans were transferred to MOHELA. [5]
Google and Alphabet CEO Sundar Pichai, left, and Poland's Prime Minister Donald Tusk, right, meet for talks about involving artificial intelligence into the energy and cybersecurity sectors in ...
Nepal Electricity Authority (NEA), founded on 16 August 1985, is the parent generator, transmittor and retail distributor of electric power under the supervision of the government of Nepal. [2] NEA has its own power plants. In addition it also buys power from Independent Power Producers (IPP). Most of the power is generated from hydro electricity.