New Zealand expands funding for electricity in Papua New Guinea
“ADB is pleased to partner with PNG Power Limited on this additional funding for the Town Electrification Investment Program to enable more people to benefit from having access to an electricity supply. Households, schools and clinics as well as businesses will benefit,” said Marcelo Minc, ADB’s Country Director in Papua New Guinea.
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. ■