Napocor gets leeway to borrow funds

National Power Corp. (Napocor) now has wider access to funding, enabling the state-run corporation to provide electricity to more remote areas nationwide, according to the Department of Energy (DOE). Citing the Sept. 23 opinion of the Department of Justice (DOJ), the DOE said the state-led firm holds legal authority to borrow funds or contract loans … Continue reading Napocor gets leeway to borrow funds