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Press Releases

01 Aug 2019
Warangoi Landowners to work together with PNG Power

15 Jul 2019
PNG Power setting a new benchmark in Financial Good Governance

25 Jun 2019
Statement from the PNG Power Board Chairman in response to an open letter from Disgruntled Former Employees

Career Opportunities

05 Jul 2019
MANAGER ENERGY ECONOMICS - NATIONAL OFFICE

Tenders

20 Aug 2019
URGENT CONSTRUCTION OF RETAINING WALL/EMBANKMENT PROTECTION TO OPEN CHANNEL FUME LINE BETWEEN ROUNA 1, 3 & 4 HYDRO IN SOGERI

20 Aug 2019
INTERGATION OF ULAGUNAN, KEREVAT & WARONGOI SUBSTATIONS TO THE GAZELLE GRID SCADA UTILISING RADIO MODEMS AND CITECT SCADA 2015 SOFTWARES.

16 Aug 2019
FULL CONTRACT FOR MATERIALS PROCUREMENT AND DELIVERY TO SITE AND CONSTRUCTION OF 4 KM HIGH VOLTAGE AND 2KM LOW VOLTAGE OF POWER LINE FROM YAROMBOIM TO WORINUMBO IN YANGORU SAUSIA DISTRICT.

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News Feature

Warangoi Landowners to work together with PNG Power

PNG Power is keenly aware of the claims of the various landowner groups around our Warangoi Hydropower facility. In a meeting held on May 8, 2019 between the East New Britain Provincial Administrator, the Qaqet Stewardship Council, the Warangoi Hydro Landowners Association, the Sininvit LLG and PNG Power, the parties agreed that a Land Investigation Report must be completed to confirm the ownership of the land before any further agreements can be established.

PNG Power setting a new benchmark in Financial Good Governance

PNG Power is currently undergoing a review of its financial reporting following the discovery of a number of issues relating to the integrity of its financial records. In 2018, PNG Power management discovered significant inaccuracies in financial reporting, which includes amongst other things, under-reporting of expenses. The news article in the Post-Courier regarding our shareholder, Kumul Consolidated Holdings declaring its 2018 dividends, reported a financial loss of K197 million for PNG Power. PNG Power would like to make it clear that the 2018 financial reports are still under review and a final unaudited figure is yet to be released. For the past six years, PNG Power have had independent, external audits undertaken. Each audit has produced a number of negative and irregular qualifications relating to the Balance Sheet and Profit & Loss. Unfortunately, no action has been taken until 2018 to correct these very serious accounting irregularities.

Statement from the PNG Power Board Chairman in response to an open letter from Disgruntled Former Employees

A group of disgruntled former PNG Power Executives and Managers have circulated a so-called open letter to politicians, media outlets and on social media to air their grievances (again). These desperate men have been dismissed recently for gross incompetence and some of them are currently being investigated for improper and fraudulent behaviours during their tenure at PNG Power. Whilst PNG Power is not obliged to respond to their ongoing lies and the defamatory allegations in this open letter to discredit the Board and Management, I am compelled as Chairman to respond.