Papua New Guinea calling for EOI for renewable development
Rabaul Caldera, Papua New Guinea (source: Reykjavik Geothermal)
Alexander Richter
18 Dec 2014
State-owned PNG Power Ltd (PPL) of Papua New Guinea is calling for expressions of interest (EOI) from interested firms for the development and operation of renewable energy plants, including geothermal opportunities.
Re-published from the website of Volcanex Geothermal: State-owned PNG Power Ltd (PPL) is calling for expressions of interest (EOI) from interested firms who wish to be considered for operating renewable energy power plants in PPL’s isolated diesel centres under an IPP BOOT arrangement. Centres considered for this development include Aitape, Alotau, Arawa, Finschaffen, Kerema, Daru, Manus, Maprik, Vanimo, Wewak, Rabaul, Kimbe/Bialla and Samarai.
PPL is a vertically integrated utility involved in generating, transmitting, distributing and retailing of power throughout Papua New Guinea (PNG). PPL has major transmission and distribution networks in Port Moresby, Ramu Valley and Gazelle (Rabaul). It also supplies electricity to 16 regional centres predominately by diesel powered thermal generation.
The explicit objective of this EOI and subsequent competitive procurement process is to (partly) replace high cost diesel generation with Hydro, Geothermal, Solar, Biomass or Wind power, so as to achieve a financial benefit for PPL and the electricity consumers. PPL is interested in outstanding individual project proposals as well as strategic partnerships that involve several centres and/or technologies.
PPL invites prospective bidders to express interest in being considered in a short-list to be invited later to submit full proposals for the development of renewable energy power plants under Power Purchase Agreement with PPL.
Official EOI document (pdf, courtesy of Volcanex)
Source: Volcanex Geothermal
