Papua New Guinea Seeks EOI For Geothermal and Other Renewable Power Plants (Volcanex)
State-owned PNG Power Ltd (PPL) is calling for expressions of interest (EOI) from interested firms who wish to be considered for operating renewable energy power plants in PPL’s isolated diesel centers under an IPP BOOT arrangement. Centers considered for this development include Aitape, Alotau, Arawa, Finschaffen, Kerema, Daru, Manus, Maprik, Vanimo, Wewak, Rabaul, Kimbe/Bialla and Samarai.
The explicit objective of this EOI and subsequent competitive procurement process is to (partly) replace high cost diesel generation with Hydro, Geothermal, Solar, Biomass or Wind power, so as to achieve a financial benefit for PPL and the electricity consumers. PPL is interested in outstanding individual project proposals as well as strategic partnerships that involve several centers and/or technologies.
PPL invites prospective bidders to express interest in being considered in a short-list to be invited later to submit full proposals for the development of renewable energy power plants under Power Purchase Agreement with PPL. All EOI submissions are to be received by PPL no later than 4.:00 pm Friday the 30th of January 2015.
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