Niu Power CEO, Richard Robinson, said this during a tour of the POM Power Station.
“This is monstrously at lower cost than anything else that PNG Power have on their Port Moresby grid.
“Whilst you will need to talk to PNG Power to get the actual figures, our understanding is that once this power station is online, the annual savings from PNG Power, from their cost of generation will be tens of millions of kina.”
The Power Station is midway through completion and is expected to be fully operational by January 2019.
