At the 2018 PNG Investment Conference in Brisbane, Publishing Director of Business Advantage PNG Andrew Wilkins, talks to the Acting Managing Director of PNG Power, Carolyn Blacklock, talks about the state-owned entity’s new business model and plans for the SOE to ‘live within its means and stop the cash hemorrhage’.
The company is aiming to cut tariffs by half and electrify 70 percent of the country in the next five to ten years. According to Blacklock, objectives include increasing the use of lower cost hydropower, increase revenues through reliability, improve safety and improve governance.
