Independent power producers are key to PNG’s ambitious electrification goals. However, they may wait to see results from PNG Power’s turnaround plans before approving new investments, as Business Advantage PNG learns.
Dirio Gas and Power
This year, Mineral Resources Development Company (MRDC) will mark 50 years as the manager of the benefits paid to landowners and provinces from Papua New Guinea’s resources projects. In this exclusive interview with Business Advantage PNG, Managing Director Augustine Mano provides an update on the flagship Star Mountain Plaza project and other investment plans.
Independent power producers are playing a key role in helping PNG move towards its ambitious electrification goals. But their viability will be in question until a dispute over payments is resolved.
Plans for a new gas-fired power plant in Hela, Digicel rejects tower sharing, and the IPA signs a memorandum of understanding with the Immigration and Citizenship Authority. The business news you need today.
Departing PNG Power Chairman Peter Nupiri has called for less political interference in the state-owned utility and a ‘strong commitment’ from government for its reform.
The Dirio project gets commissioned, Barrick distances from Papua New Guinea’s political turmoil and state-owned enterprises reform on track. The business stories you need to kickstart your week.
Acting Managing Director Carolyn Blacklock has resigned from state-owned utility, PNG Power. The announcement comes with the state-owned utility on the cusp of launching a new ‘reform agenda’.