PHL on track for 2028 electrification target despite low budget — DoE

THE PHILIPPINES will need a budget of up to P70 billion to achieve full electrification by 2028, but next year’s budget would cover only a small portion of the requirement.

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“As proposed in the NEP (National Expenditure Program), (the national electrification budget) is probably only around P5 billion (in 2026), and actually, we need about P69 billion or P70 billion,” Energy Secretary Sharon S. Garin told reporters last week.

Ms. Garin said the government is on track to achieve full electrification in the next three years as there are different ways and sources of funding that can be implemented.

In coordination with the National Electrification Administration (NEA), the state-run agency tasked with promoting and supporting rural electrification, the Energy chief said the government will be focusing on energizing far-flung areas in Mindanao.

For 2026, the NEA has been allocated a P5-billion budget to finance its site electrification program.