Shake-up of the Papua New Guinea electricity supply industry

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Recent changes to the National Energy Authority Act 2020 and the Electricity Industry (Amendment) Act 2020 introduce new requirements for electricity projects and change the way the sector operates. Vaughan Mills, Lisa Kudada and Andrea Moffatt from the independent law firm Corrs Chambers Westgarth, explain the changes.

In brief: PNG Power and Bougainville partner to develop energy sector and other business stories

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Bright future for Bougainville’s power industry, BSP reduces equity required to get SME loan and new terminal at Momote Airport. The business news in brief.

Electricity for auction in Papua New Guinea – but at what price?

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The vision for reforming Papua New Guinea’s power sector is becoming clearer, with power auctions likely to play a major role in driving down electricity prices and helping the country meet its future electricity needs.

In brief: power outages in Lae explained and other business stories

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Power outages in Papua New Guinea’s second largest city linked to K60 million debt, government looking into outstanding debts and new partnership between the Morobe Provincial Government and the National Airport Corporation. The business news in brief.

In brief: vaccine rollout announced for Papua New Guinea and other business stories

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Vaccine rollout announced for Papua New Guinea’s 22 provinces, Enga Electrification Project gets funding and Kumul Petroleum to seek funding for gas fields overseas. The news in brief.

Getting serious about digital in Papua New Guinea

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ASX- and PNGX-listed Kina Bank is leading the way in Papua New Guinea’s digital revolution. CEO Greg Pawson outlines the opportunities for business, government and consumers.

Ramu 2 hydro will be a gamechanger for Papua New Guinea, says PNG Power MD

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PNG Power’s Managing Director Flagon Bekker has outlined the state-owned utility’s plans to improve the stability and reliability of power supply in Papua New Guinea during a special Business Advantage PNG briefing. He elaborated on what will be the largest ever investment in PNG infrastructure – the nation-building Ramu 2 hydropower project.

Foreign exchange the ‘number one’ concern for Papua New Guinea business, says Chamber head

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In this exclusive interview with Business Advantage PNG, Port Moresby Chamber of Commerce and Industry President Rio Fiocco, outlines the numerous challenges facing business in Papua New Guinea as 2021 gets under way.

Departing PNG Power Chairman calls for commitment to reform

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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: Wafi-Golpu licence expected by the end of July or August and other business stories

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Mining Minister is optimistic about Wafi-Golpu mining project, Police Commissioner must vacate office before the end of the month and Australia’s Seasonal Worker Program is back.