Paulus Ain – ICCC Commissioner and CEO

ICCC clarifies Power Purchase Price

Commissioner and Chief Executive Officer of Independent Consumer and Competition Commission (ICCC), Paulus Ain said recently that the existing power purchase reference prices underpinning all power purchase agreements in Port Moresby Grid and Ramu Grid have been determined by PPL and approved by the ICCC. These reference prices are based on levelized cost of electricity of the different generation options (hydro, thermal, solar, biomass, gas, etc.)