Minister Maru clarifies he is not against all Independent Power Producers (IPPs)

Papua New Guinea's Minister for International Trade and Investment, Richard Maru, has moved to clarify his position regarding Independent Power Producers (IPPs), emphasizing that he is not opposed to their involvement in the nation's energy sector.

Minister Maru stated his continued support for IPPs, acknowledging their crucial contribution to bolstering the capacity of PNG Power Limited (PPL). He highlighted that PPL itself currently faces capital constraints, limiting its ability to undertake new generation projects independently.

This clarification comes amid discussions about energy infrastructure and investment in Papua New Guinea. The minister's remarks aim to reassure stakeholders about the government's approach to energy development, signaling an openness to partnerships that can enhance power supply reliability.

The minister's endorsement suggests that IPPs will continue to play a significant role in meeting the country's energy demands, particularly as PPL works through its financial limitations. This approach seeks to ensure that essential power generation projects can proceed, supporting both economic activity and the needs of the population.

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he will continue to support the Independent Power Producers (IPPs) for their role in supporting PNG Power Limited (PPL), which currently does not have the capital to invest in new generation projects.