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Showing posts with the label PNG Power Limited

Take Back PNG and give it to Foreigners?

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by GABRIEL KOTONA
There is inside information that an expatriate has been appointed to be the MD for PNG Power! So where does that fit the slogan now to take back PNG?? Do we not have qualified Papua New Guineans who can manage this organization? 
The last acting MD Carolyn Blacklock did more harm to the organization than good and where does that support the idea to recruit another foreigner, an expatriate?? 
My good Prime Minister Hon James Marape, you brought hope to the nation when you made this every Papua New Guineans believe you that together we will make this nation great and wealthy. And it must be Papua New Guineans taking hold of the destiny of this nation going forward. 
The rumours if true raises a lot of questions now. It means that this country will continue to depend on expatriates, foreigners and consultants to run it. And I hope this isn't one of the conditions of a structural adjustment program being directed by IMF as a condition to the loan. If it is, then we may b…

LR GENSET SCAM - What you were not told.

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by JOSEPH KAWAGE So a warrant for the arrest of Treasury Secretary Daire Vele has been issued and is to be enforced. Not before time. As Treasury Secretary he has been running a number of illegal operations for the Prime Minister, the two biggest ones being the illegal UBS loan and the illegal purchase of two mobile power generators. Police want to arrest him on charges of official corruption, misappropriation and fraud. The basis of the charges is documents provided to the police, the Attorney-General, the Ombudsman Commission and Task force Sweep by a whistleblower at PNG Power Ltd, and these documents show that a very serious and widespread fraud conspiracy took place at the highest levels of Government, business and State-Owned Enterprises. Most of these facts were detailed In Parliament in early 2014 by the then Opposition Leader, Belden Namah. Responses were supplied by the Prime Minister himself, and his office, in a number of statements. All of the PM’s official statements furthe…

ADB, PNG Sign Renewable Energy Loan to Cut Power Shortages

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THE FINANCIAL

Papua New Guinea (PNG) and the Asian Development Bank on February 25 signed a loan worth $57.3 million to reduce power shortages in urban areas.
The Secretary for the Department of Treasury, Simon Tosali, Chief Executive Officer of PNG Power Limited Tony Koiri, and Officer-in-Charge of the Asian Development Bank 's (ADB) Papua New Guinea Resident Mission Allan Lee signed the loan.
The signing ceremony was held at PNG Power's headquarters in Port Moresby. Julianna Kubak, Acting Deputy Secretary-Policy, Department of National Planning and Monitoring, was Master of Ceremonies for the event.
ADB's loan to the state power utility, PNG Power Ltd, will fund renewable energy facilities, including run-of-the-river hydropower plant and transmission systems in urban centers in PNG. Only about 10% of PNG's population of 6.5 million has access to grid power, which is largely confined to urban areas. Some provinces suffer regular outages, adversely affecting businesses a…

ADB, PNG Sign Renewable Energy Loan to Cut Power Shortages

Image
THE FINANCIAL

Papua New Guinea (PNG) and the Asian Development Bank on February 25 signed a loan worth $57.3 million to reduce power shortages in urban areas.
The Secretary for the Department of Treasury, Simon Tosali, Chief Executive Officer of PNG Power Limited Tony Koiri, and Officer-in-Charge of the Asian Development Bank 's (ADB) Papua New Guinea Resident Mission Allan Lee signed the loan.
The signing ceremony was held at PNG Power's headquarters in Port Moresby. Julianna Kubak, Acting Deputy Secretary-Policy, Department of National Planning and Monitoring, was Master of Ceremonies for the event.
ADB's loan to the state power utility, PNG Power Ltd, will fund renewable energy facilities, including run-of-the-river hydropower plant and transmission systems in urban centers in PNG. Only about 10% of PNG's population of 6.5 million has access to grid power, which is largely confined to urban areas. Some provinces suffer regular outages, adversely affecting businesses a…