NewzPrime Minister James Marape has described Papua New Guinea's state-owned power utility, PNG Power Limited (PPL), as a severely distressed entity, likening its condition to a terminal stage four cancer. The remarks highlight the immense financial and operational burdens the utility continues to place on the state.
Marape emphasized that PPL has deteriorated beyond early or intermediate phases of illness, reaching a critical condition that requires drastic intervention. The assessment underscores the ongoing challenges facing state enterprises in Papua New Guinea and the heavy reliance on government support to sustain the failing corporation.
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