Mayur Power submits PPA proposal to PNG Power

COMPANY ANNOUNCEMENT 

Mayur Power submits PPA proposal to PNG Power

20 March 2016

Mayur Power Generation has submitted a PPA to PNG Power for a 50MW power station to be developed Lae. The proposal provides PPL with a highly cost effective and environmentally superior solution to address the current and future electricity supply challenges. Mr Praveen Mahto (Executive Director – Mayur Power Generation) “submission of the PPA proposal represents the culmination of months of work to arrive at a compelling proposal for PNG Power – and we look forward to working with PPL and the other stakeholders in Lae and the wider Morobe region who will benefit from the development of this project”