ADB and Australia provide funds for Power Sector Development Project In Papua New Guinea
The Asian Development Bank (ADB) has announced its commitment to support the strengthening and expansion of electricity infrastructure in Papua New Guinea (PNG).
The US$305 million project includes the expansion and upgrade of transmission lines, substations and construction of new low- and medium-voltage power distribution lines in Gazelle, Ramu and Port Moresby, as well as mini-grids in West New Britain.
The project will be funded by loans and grants from the Asian Development Bank and the governments of Australia and PNG, and will focus on five subprojects within PNG Electricity Limited's main power grids (PPL). The Asian Development Bank offered two loans totaling US$208.6 million, the Australian government donated a US$59.5 million loan and a US$12.8 million grant and the government of PNG will contribute US$24.1 million through PPL.
Country updates
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August 30, 2019
Consultants sought for Green Affordable Housing PPP project in Papua New Guinea
National Capital District Commission (NCDC) in Papua New Guinea in assistance with International Finance Corporation (IFC) has issued a notice inviting technical and legal consultant for the Green Aff...
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April 04, 2017
Lae Port Container Terminal Expansion Project Successfully Completed
The Asian Development Bank (ADB) has announced the completion of the development of the Lae port facilities component, consisting of a tidal basin, one berth, and a container terminal in Papua Ne...
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February 02, 2017
The Asian Development Bank has been selected as transaction advisor for the project
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September 27, 2016
Papua New Guinea seeks consultant for airport PPP
The World Bank has launched a tender process to seek consultancy firms to provide advice to the Papua New Guinea&nb...
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August 13, 2015
Papua New Guinea Container launches tender for terminal concession
The Government of Papua New Guinea, through PNG Ports Corporation, has launched a request for expressions of interest (RFEOI) for the Port Moresby and Lae concession.
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