Thursday, 5 November 2015

Private sector set to enter power sector


Caption:   Minister for State Enterprises Ben Micah (centre) speaking to journalists.



By MATTHEW VARI

Wednesday, May 21, 2014 (Midweek Chronicle, PNG)



THE once strongly monopolized electricity generation sector, will now be partially opened up to private companies to generate electricity and sell back to the current supplier PNG Power for distribution.

That is the response the government is currently undertaking to address the serious issue in the shortfall of power supply to some of the major urban centers in the country.

Minister for State Enterprises Ben Micah reveal the approach now undertaken in light of public criticism of current electricity supplier PNG Power Limited, last week at the swearing in of the new IPBC Board Chairman Paul Nerau.

“Prime Minister has instructed me and I have given instructions to IPBC and PNG Power, in the next few days they must advertise IPPs (Independent Power Purchase Agreements) with private companies to provide power in Rabaul, Kimbe, Wewek, and Madang,” Minister Micah said.

“Because IPBC does not have the money, and the government does not have it either- the government wanted to address this in Port Moresby and Lae, in November and the New Year when everybody are complaining about power.”

He said the government had a strategy to address the immediate issue of blackouts faced, however even that strategy attracted wide criticism.

“When the government wanted to address it- they complain about the solution, we are giving that solution to private sector companies now,” he said.

“They will produce the powers and sell it back at agreed tariff rates that will not increase beyond the cost of what PNG Power is providing- wholesaling it back to PNG Power and they will distribute it.”

“The other instruction I have given to them is that all IPPs which have already been given for Port Moresby and Lae and other places have to be cleared by IPBC as soon as possible, so that we can start to move some of these things.”

He added that the saga that occurred at PNG Power were now back to normal, with the focus now on delivering the vital service of electricity generation.

“The power situation has now been restored, meaning all the uncertainties and issues of contention have now been resolved,” Micah said.

“We now have a board, under the chairmanship of Mr Larry Andagali, and CEO John Tangit.”

“All issues will be dealt by the board and the ministerial committee, who have been tasked to carry out their job.”

He said that PNG Power is just like so many other state companies that have problems.

“We have to address them systematically in a coordinated way between IPBC and the Ministry, which is the direction we are now taking.”

“We will systematically address all those legacy issues which I did not create,” he added.

     

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