ADB Helps PNG Cut Power Shortage in Urban Centers

The Asian Development Bank is lending $57.3 million for the construction of new renewable energy facilities, such as transmission lines and a hydropower plant, in Papua New Guinea’s urban areas.

The loan will be given to state-owned power utility PNG Power Ltd. It is expected to help reduce power shortages in various cities around the country. The assistance is part of a larger Town Electrification Investment Program approved by ADB in late 2010 to improve power supply in PNG’s provincial urban centers by replacing expensive diesel-fueled power generation with sustainable renewable energy generation. 

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About the author

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    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.