Within the next eighteen months, Port Moresby can expect to have a more reliable power supply.
Kumul Petroleum Holdings Limited has partnered with Oil Search to construct a gas-fired power plant, which, when completed is expected to provide over 57 Megawatts of power to the Port Moresby electricity grid.
This week, Public Enterprise & State Investment Minister William Duma officially launched the construction phase of Port Moresby’s next power plant.
This development, the result of a joint venture between Kumul Petroleum Holdings Limited, KPHL, and Oil Search – in an effort to address much needed electricity demand in the capital, through the provision of gas from the PNG LNG Project.
When complete, this power plant aims to supply 57.8 Megawatts of power to PNG Power’s Port Moresby grid, through the Gerehu Sub-station.
According to Minister Duma, this additional energy will be enough to satisfy demand for power for consumers in and around Port Moresby.
This facility is being developed by NiuPower, a joint venture between Kumul Petroleum Holdings Limited, and Oil Search, at a cost of K375 Million.
When completed, this facility will utilise gas from the PNG LNG Project.
This project was approved by the National Executive Council, and will see NiuPower become an Independent Power Producer, selling electricity to PNG Power under a Power Purchase Agreement.