The event takes place in the hotel's Conference Centre Hall from 7am to 8.30am on April 9 and is a free for Lae Chamber of Commerce and Industry members and K100 for non-members.
Mayur says that the power generation industry in PNG is characterised by a lack of access to electricity for most of the population, and the electricity that is available is not only expensive but also unreliable. As a result of these factors, industries including mining and resources are often forced to assess and/or implement off grid power solutions.
In response to this, Mayur is pioneering the development of environmentally sustainable power generation with an Enviro Energy Park concept using a combination of fuel sources to address the following:
• Assist PNG in achieving Government mandated target of 70% electrification by 2030 (currently around 13% of people in PNG have access to grid electricity);
• Provide multi-mode power generation from renewables and conventional high quality low ash domestic coal source;
• Provide affordable, reliable and environmentally sustainable power - to enable / unlock economic development in PNG;
• Provide a mix of renewables and clean coal technology - designed to target a no net increase in ‘green house' gas and improvement in ambient air quality versus current generation footprint (PNG is currently heavily reliant on burning expensive diesel and fuel oil to generate electricity).
Mayur holds a portfolio of contiguous tenements that cover the main coal bearing geology in the Papuan Basin in southern PNG. Although there has been a long history of coal prospecting in the Gulf Province, coal mining has never been developed in PNG, unlike its neighbours in Indonesia and Australia.
Mayurs vision to develop low impact and low cost coal mining based on simple truck, shovel and barge transportation, similar to what has been successfully developed in regions of neighbouring Indonesia.
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