In electrification: (1) the geographic area franchised to a public service entity or (2) any lesser geographic area for the furnishing of retail service to which a public serve entity pursuant to this Decree borrows, or may apply to borrow, funds from the NEA, or may otherwise secure loans with the approval of the NEA, to finance the acquisition or construction and operation, maintenance or renovation of service facilities [Section 3(g), Presidential Decree No. 269, s. 1973]
