In its role as Project Supervision Consultant for the ADB financed project “Town Electrification Investment Program, Tranche 2”, Multiconsult will assist PNG Power Ltd’s project management unit to supervise the refurbishment of two existing hydropower plants, the 18 MW Yonki dam and the 10 MW Warangoi HPP as well as oversee the construction of the new 3 MW Ramazon hydro power plant.
– We are immensely proud of this project, said Tom Ødegaard, Sales Director Renewable Energy. Papua New Guinea’s GDP growth is expected to grow by around 3% annually in the next years, with increasing demand for electricity. However, despite a huge hydropower and geothermal potential, PNG also has one of the lowest electrification ratios in Asia with only 20% and per capita electricity consumption. We look forward to our leading renewable energy experts contributing to energy for all and the sustainable development of Papua New Guinea.
Multiconsult has built up a strong presence in Papua New Guinea and is currently working as transaction advisor for PNG Power Ltd to the Naoro Brown Hydropower Project, and for the World Bank on the Assessment of Benefit Sharing in Hydropower Projects for Papua New Guinea.