25 C
Port Moresby
March 6, 2021
Business News

No Sale of PPL assets proposed

Share the News

The Managing Director of Independent Public Business Corporation (IPBC), Mr Thomas Abe, said today there had never been any proposal to sell any PNG Power assets to anyone during the current negotiations about the possible rehabilitation of Port Moresby’s power supply.

He was responding to an interview on EMTV news with a former PPL board member, Mr Noel Mobiha.

He said at no time has there ever been any plan to sell PPL assets to anyone. He added that under the Government’s proposals to fix power supplies across the nation, all Port Moresby’s generation assets would remain in the hands of PPL.

Related posts

Lessons from Indonesia

EMTV Online

Singirok: Gun Report must be implemented

Jack Lapauve Jnr.

YWAM Medical Ship Operation

EMTV Online
error: Content is protected !!