Australia to head huge electricity and internet project in PNG
SIDNEY -
Australia will lead a new multi-billion-dollar electricity and internet rollout in Papua New Guinea.
The Australian newspaper reported New Zealand the US, Japan and South Korea are supporting the project, which will be PNG's largest ever development investment.
The project will deliver internet to 70 percent of PNG and improve access to power.
Both China and the US are also expected to announce new investments in the region at the APEC summit this week.
Beijing will announce new mining and energy investments in PNG, and two Confucius Insitutes to be housed at PNG universities.
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Bruce nuclear reactor taken offline as $2.1B project 'officially' begins
TIVERTON, ONT - The world’s largest nuclear fleet, became a little smaller Monday morning. Bruce Power has began the process to take Unit 6 offline to begin a $2.1 billion project to replace all the major components of the reactor.
The reactor, which produces enough electricity to power 750,000 homes, will be out of service for the next four years.
In its place, hydroelectric power and natural gas will be utilized more.
Taking Unit 6 offline is just the “official” beginning of a 13-year, $13-billion project to refurbish six of Bruce Power’s eight nuclear reactors.
Work to extend the life of the nuclear plant…
