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PNG POWER RECOUPS OVER K100M

P-N-G Power has so far recouped well over 100-million Kina from debt collections, through the State of Emergency for Electricity Services, nationwide.
S-O-E Controller, Captain Alois Ur Tom told media today, the power company was cash-strapped when its debts built up to millions of Kina over the years, but these monies are gradually being returned, to help it provide reliable electricity services.
According to the State of Emergency Team, their operation is progressing well right around the country.
So far the team have collected over 100 million kina out of the 127 million kina owed to PNG Power by the debtors in terms of outstanding power bills.
SOE Controller Captain Ur Tom says he is optimistic all outstanding bills would be collected before the SOE ends.
"Everyday we are reaching about 3-million-Kina but could be better. As you know, we still have logistics and human resource constraints on the ground, so its a big challenge for the operation."
The SOE has been extended to two months and is expected to end by the end of this month.
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