The National Energy Authority Bill, 2020 was passed by the National Parliament with an overwhelming majority of 73 to 0. The National Energy Authority Bill was created to control renewable and non-renewable energy production, storage, delivery, and retailing. The Act will also cover the following functions: Governing the oil market by overseei...
According to PNG Power Ltd, renegotiation and reviews of current contracts with independent power producers (IPPs) make the business healthier and more competitive (PPL). PPL managing director Flagon Bekker made the statement in response to questions raised by IPP industry groups (IP3) about PPL unilaterally reviewing and renegotiating current contract...
Independent Power Producers (IPPs) in Papua New Guinea have expressed concern about PNG Power Limited's (PPL) unilateral analysis and renegotiation of existing contracts and contractually agreed rates to supply power to the grid. The task of IPPs, according to David Burbidge, Chair of the IP3 Industry Group for Independent Power Producers, is to collab...
The Lae Chamber of Commerce and Industry (LCCI) said it welcomes any power plan that is long-term, environmentally friendly and creates jobs in the delivery of efficient, low-cost electricity in Lae and Morobe. President John Byrne referred to concerns regarding the PNG Biomass project in the province's Markham Valley when he said, “PNG Biomass has pro...
The World Bank has funded a $30 million (PGK105 million) project to help the state-owned electricity provider PNG Power boost its operational and financial efficiency. The PNG Energy Utility Efficiency and Reliability Improvement Project (EUPRIP) arrives at a crucial time for PNG, with people around the country facing big problems with inadequate acces...
PNG Biomass is Oil Search’s renewable energy and sustainable tree farming business. The project is still subject to a final investment decision by Oil Search, now planned to take place in the second half of the year. The formal ‘go-ahead' has been postponed several times due to a lengthy process with the PNG government to fulfil their promises to move ...
Work on a K4 million solar project to cover all wards in the Duke of York Islands local level government (LLG), Kokopo, East New Britain (ENB), is set to start in June. This was announced by Francis Uratun, director of PNG Power Ltd (PPL), who recently travelled to the Duke of York Islands to finalize project documents for submission to AusAid. AusA...
To address the problems of electric supply in the region, PNG Power Limited has focused its efforts on addressing key issues in the country. According to Managing Director Flaggon Bekker, the organisation was split into two - corporate and execution - to see how to solve these problems. “With the split in the organisation, there are no-cost implicat...
The government and Shenzhen Energy of China recently signed the K3.3 billion Ramu 2 hydropower project. According to State Enterprise Minister William Duma, although the conditional power purchase agreement with PNG Power had been signed, there were other financing arrangements that the project consortium needed to work on with their own parties before...
If low-cost power can be produced, then the investment into the Ramu Two power project may proceed, said Prime Minister James Marape, who was responding to a report that a Chinese investor in the Ramu project had said that the government had nothing to do with this. Marape added that the investment was part of the public-private partnership, where the ...
If properly developed, the energy sector of Papua New Guinea is worth around US$1.2 billion (K4.2bil). According to the outgoing Energy Minister William Onglo, some countries are dependent on wind for power generation while others for thermal and some, for water. “I’ve seen that its potential is too huge and this industry can be a US$1.2 billion ind...
In a meeting with the Lae chamber of commerce and industry, Deputy Prime Minister Sam Basil expressed that coal should be included in the energy mix of the country, adding gas, diesel, hydro, and other energy forms should also be part of this. He said that among the challenges of investments coming to the country were the high costs of living. He said ...
Dirio Gas & Power project, the newest private power plant in Central province, was recently launched, providing the City of Port Moresby its much-needed electricity. The power plant generates 45 megawatts (MW) of power supplied to the city’s power grid at a rate of 37 toea per kilowatt, distributed by PNG Power Ltd as per the Power Purchase Agreeme...
To fund electrification in PNG, the United States government through the USA Agency for International Development is set to invest US$57million. According to United States Ambassador to PNG, Solomon Islands and Vanuatu Erin McKee, electricity brings up the living standards of towns, cities, and remote villages. This also lets hospitals and schools brin...
Renewable sources such as wind, biomass and solar are still included in the future plans for power supply for PNG Power. According to Managing Director Flagon Bekker, renewable energy is the answer to the power struggles of PNG. “You’ve got me very excited because PNG clearly is very well endowed with huge renewable resources so we wouldn’t be very goo...
To bring electricity supply to Enga province and provide millions of kina in revenue, the Enga Hydro Power LTD and Power China (PNG) inked an agreement to provide the area with the K200 million Pilikambi hydropower project MOA. Under the agreement, the provincial government has 40 per cent share while China has 60 per cent, the latter to source technical ...
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