DOE backs P400-M debt deal for Tawi-Tawi

The Department of Energy (DOE) welcomed a newly signed debt restructuring agreement between power provider Kaltimex Rural Energy Corp. and Tawi-Tawi Electric Cooperative Inc. (Tawelco). The DOE said this would help stabilize the cooperative’s finances and improve supply reliability in the country’s southernmost province. In a statement, the DOE said the agreement addresses roughly P400