By Staff Reporter : PNG Today
The deal was signed in Kavieng last Thursday.
The contract, worth nearly K25 million, was signed between CETC International Company Limited and New Ireland Development Corporation, the business arm of the New Ireland Provincial Government.
CETC International is one of the world’s largest multi-national companies involved with electronic technology products, space and aviation electronics and solar systems apart from other hi-tech systems and devices.
In a historic public private partnership agreement, CETC International will design, supply and install the first large-scale solar power stations to light up Kavieng, Namatanai and Konos and beef up the diesel power outputs in the towns.
“This is a giant leap forward for New Ireland,” said Governor Sir Julius Chan after the signing ceremony. “We want to build the capacity to be able to sustain major new business and investment projects under the autonomous government arrangement.
“The solar power station project is the first of its kind that will be phased into the PNG Power supply grid and put an end to the power problems and outages we have for so long,” said Sir J.
“If successfully introduced in New Ireland, the Province may ask for patent rights and will receive income for many years to come being the first to own and promote self power generation in the Province.”
The Provincial Assembly Chief of Chiefs, Demas Kavavu, the Provincial Administrator, Lamiller Pawut, CEOs and officials joined the Governor to witness the contract signing between the General Manager of NIDC, Jerrickson Bautista and the Vice President of the CETC International, Han....read more PNG Technology news on : PNG Technology News online