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Port Moresby
October 27, 2021
News

LO’s call on LO’s to register Land: Do Not Sell

This will allow thatthey are full participates in meaningful development.

They believe that landowners should be allowed to facilitate service delivery underthe government’s public/private partnership arrangements.

The business plan for Ramu Hydro limited is revolutionary yet a simple one; one that allows for equal participation in service delivery.

The landowners want to partly ownthe power facility as well as supply of electricity that will be generated from it. They saPNG power should concentrate on power distribution.  

Former MP Muki Taranupi isthe Secretary ofthe landowner company that is poised to have a big stake inthe proposed Ramu2 Hydro Power project.

The landowners were also part ofthe trade delegation that travelled to JakartaIndonesia. They spoke to potential partners and were particularly interested intheIndustrial Park.

Equally impressed was President ofthPNG Chamber of Commerce andIndustry John Leahy.

The hydro power plant will use water channelled through an eight kilometre Tunnel, from Yonki Dam. A Tunnel will be cut through this mountain ridge producing 180 to 240 megawatts of electricity.

The project will cost K2 billion and about 40 months to complete. When completed it has projected gross revenue of K800- 900 million per year.

https://youtube.com/watch?v=8z1fIh9voVs%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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