Frankiy Kapin | Post Courier | November 30,2016
MAYUR Resources power generation company from Australia is very optimistic in delivering the country’s first coal fired power station in Lae says managing director Paul Mulder.
Mr Mulder said on Monday in Lae the company has submitted a power purchasing agreement (PPA) to PNG Power Limited and is awaiting approval of the project year marked for 2019.
Mayur Resources is proposing to employ multi fuel clean coal technology and not a standard coal fired power station to supply 50 Megawatts (MW) of electricity to Lae city in the Morobe province.
He said Mayur will mine 250,000-350,000 tons of coal per annum from the Gulf Province and ship it to Lae for its power plant.
Mr Mulder said in perspective, China mines 3.6 billion tons of coal annually and Indonesia 3 million tons annually for their power stations.
He said Mayur was ready to deliver the cheapest, most reliable and environmentally friendly power supply that will improve the standards of living for customers.
Mr Mulder was accompanied by retired Australian Kangaroos captain and National Rugby League (NRL) icon Darren Lockyer who is also a shareholder of Mayur Resources to the University of Technology in Lae for an open forum attended by the Lae Chamber of Commerce, the Unitech senior management including Chancellor Sir Nagora Bogan and Vice Chancellor Albert Schram. The Morobe Provincial Government was invited but no representative turned up at the forum.
Mr Mulder said PNG is one third of the global population apart from its surrounding regions in the Asia Pacific who can utilise clean coal energy to alleviate poverty.
He said the quality of coal in PNG is far better than in Australia as well Mayur believes the company can meet all the commitments of Kyoto and COP21 arrangements to reduce greenhouse emissions and other pollutions. And as well significantly reduce the price of electricity.