Fund infrastructure improvement projects such as system loss reduction, kWh meter replacement and clustering, circuit protection and sectionalizing, major capex such as new construction/upgrading of substations, 69kV sub-transmission lines and distribution line upgrading/rehabilitation.
WORKING CAPITAL LOAN
To meet Electric Cooperatives' additional working capital requirement and short-term fund deficit.
To free the Electric Cooperatives from existing loans with high and unfavorable interest rates, thus providing more financial flexibility.
Provision of quality materials and equipment through RETC, the wholly owned trading subsidiary of REFC.
VEHICLE FLEET PROGRAM
Provision of service vehicles and linemen utility trucks with no down payment and mortgage fees.