New Zealand expands funding for electricity in Papua New GuineaStaff writer ▼ | January 27, 2016
The Government of New Zealand has provided additional financing of $4.8 million to expand the electricity grid in rural areas of Papua New Guinea.
Oceania Partnership with PNG Power Limited
Minc, together with Patrick Pruaitch, Papua New Guinea Treasurer and ADB Governor, and John Yanis from state power utility PNG Power Limited participated today in the signing ceremony in Port Moresby. The project is funded through a New Zealand government grant, administered by ADB, to PNG Power.
The project will connect an additional 2,500 households, businesses, schools and clinics to the grid by June 2017 in Oro Province, the Autonomous Region of Bougainville, and West New Britain.
It will also rehabilitate the Lake Hargy Hydropower Plant in West New Britain to provide additional, cleaner, more reliable power.
The Government of New Zealand is providing $4.8 million grant towards the project and the Government of Papua New Guinea is contributing $400,000. ■