WNB Governor Sasindran Muthuvel told Loop PNG that preparations are on the way to implement this massive project.
Muthuvel thanked the Asian Development Bank (ADB) for coordinating $ US 5 million (K16.23 million) for the project.
The project will be funded by the New Zealand and Japan governments.
Muthuvel said the houses will be connected with power with easypay meters.
He added that the mini-hydro scheme at Lobo will also be upgraded to 1.5megawatts.
