PNG Power workers protest lack of consultation and transparency, China delivers 200,000 doses of the Sinopharma vaccine to Papua New Guinea and Kina Asset Management Limited presents its annual report.
In brief: PNG Power workers demand clarity and other business stories
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30 Jun 2021 by Leave a Comment
People moves: PNG Power, Credit Corp PNG, PNG Defence Force, Oil Search, Newcrest Mining, Paradise Foods
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30 Jun 2021 by Leave a Comment
PNG Power Managing Director resigns, Credit Corporation PNG announces changes to its board, new appointment at PNG Defence Force, changes at Oil Search board, Newcrest Mining welcomes a new Director and Paradise Group CEO steps down.
Shake-up of the Papua New Guinea electricity supply industry
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8 Jun 2021 by Leave a Comment
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.
PNG Biomass green power project under threat in Papua New Guinea
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31 May 2021 by 3 Comments
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: PNG Power and Bougainville partner to develop energy sector and other business stories
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17 May 2021 by Leave a Comment
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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17 May 2021 by Leave a Comment
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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10 May 2021 by Leave a Comment
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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3 May 2021 by 2 Comments
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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26 Apr 2021 by 1 Comment
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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29 Mar 2021 by Leave a Comment
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.
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