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.
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IPPs cautiously optimistic on PNG Power turnaround plans
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Filed Under: Features, Infrastructure Tagged With: Dirio Gas and Power, Independent Power Producers (IPPs), IP3, National Energy Authority, PNG Power
Papua New Guinea’s cash-strapped power sector looks to reforms
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Papua New Guinea’s independent power producers are owed in excess of K200 million by state utility PNG Power, which itself is facing revenue challenges, according to industry association, IP3. The situation is being made worse by rising global fuel costs.
Filed Under: Infrastructure, Latest news, News Tagged With: IP3, National Energy Authority, PNG Power
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