By Fabian Hakalits – EMTV News, Port Moresby
Government departments are among the top creditors on PNG Power’s list of institutions who have failed to pay their electricity bills.
Acting Chief Executive Officer, John Yanis, says that disconnection notices will be sent accordingly and he strongly maintains that failure to pay will result in disconnection.
“PNG Power Limited continues to face issues surrounding its capacity, and consumers’ failure to pay power bills on time is one. The biggest organisations are the government departments,” he said.
PNG Power’s profit centres are Port Moresby and Ramu while smaller centers like Kavieng, Manus, Vanimo and Wewak generate less revenue.
Yanis said that fuel cost is killing the company, with fuel costs of K250-300 million annually.
“What is left, we really have to manage well. We need money,” Yanis added.
To fully sustain its operations, Yanis says that PNG Power needs K350-500 million from the national government budget.
“I cannot even stress outside. I need good customers, who can pay bills on time.”
Yanis says PNG Power cannot operate to people’s expectations, if power bills are not paid.