The future of one of Papua New Guinea’s highest profile green energy projects, PNG Biomass, appears under a cloud following the move by state-owned utility PNG Power to potentially cancel the power purchase agreement it has with the project.
In brief: Simberi mine suspends operations temporarily and other business stories
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31 May 2021 by Leave a Comment
St Barbara has suspended operations of its Simberi project until it is safe to restart, Air Niugini relaxes COVID-19 restrictions for national flights, and global shortage of storage containers might impact Papua New Guinea’s trade. The business news in brief.
Departing PNG Power Chairman calls for commitment to reform
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1 Feb 2021 by 5 Comments
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.
In brief: Abel to present on economic integration, and other business news
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9 Oct 2018 by Leave a Comment
Abel on economic integration, renewable energy transition by 2050 and a K2m commitment to revive Goilala coffee. Your weekly digest of the latest business news.
Biomass power plant seeking final investment decision
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21 Aug 2018 by Leave a Comment
PNG Biomass will reach a final investment decision in the fourth quarter of 2018 for its proposed power plant located in the Markham Valley, Project Director Michael Henson tells Business Advantage PNG.
Ramu 2 hydropower one of five renewable power projects to boost Papua New Guinea power generation
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17 Dec 2015 by 1 Comment
The Ramu 2 Hydro Power Project is expected to increase total electricity generation capacity in Papua New Guinea by 36%, according to the Managing Director of Kumul Consolidated Holdings, Garry Hersey. It’s one of five new energy projects launched recently.
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