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                    [ArticleID] => 305109
                    [Title] => Electric coops to lose prompt payment discount
                    [Summary] => ILIGAN CITY — Effective December 2005, Transmission Corp. (Transco) and Generation Corp. (Genco) will remove the Prompt Payment Discount (PPD) to 119 Electric Cooperatives in the country.


Engineer Resnol Torres, general manager of Lanao del Norte Electric Cooperative (LANECO), said that electric cooporatives are currently paying an average of P50 million per month or an estimated P5.950 billion in total revenue.


                    [DatePublished] => 2005-11-04 00:00:00
                    [ColumnID] => 133272
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ENGINEER RESNOL TORRES

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                    [ArticleID] => 305109
                    [Title] => Electric coops to lose prompt payment discount
                    [Summary] => ILIGAN CITY — Effective December 2005, Transmission Corp. (Transco) and Generation Corp. (Genco) will remove the Prompt Payment Discount (PPD) to 119 Electric Cooperatives in the country.


Engineer Resnol Torres, general manager of Lanao del Norte Electric Cooperative (LANECO), said that electric cooporatives are currently paying an average of P50 million per month or an estimated P5.950 billion in total revenue.


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Electric coops to lose prompt payment discount

November 4, 2005 - 12:00am

ILIGAN CITY — Effective December 2005, Transmission Corp. (Transco) and Generation Corp. (Genco) will remove the Prompt Payment Discount (PPD) to 119 Electric Cooperatives in the country. Engineer Resnol Torres,...

Nation