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Solomon Islands Electricity Authority (SIEA) - Solomon Power (SP)
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Details
Legal residence:Solomon Islands
Organization type:Consulting organization
Funding agencies: Department of Foreign Affairs and Trade - Australia, Other
Sectors: Electrical Engineering, Energy
Status:
Active
About
Who we are
Solomon Islands Electricity Authority (SIEA) trading as Solomon Power (SP) is a State Owned Enterprise.
Our objectives
Under Section 4 of the State Owned Enterprises Act, the principal objective of the Company is ‘operate as a successful business’, and to this end, be:
- As profitable and efficient as comparable businesses that are not owned by the Crown.
- A good employer.
- An organisation that exhibits a sense of social responsibility by having regard to the interests of the community in which it operates.
- To meet these objectives, SP strives to be as profitable and efficient as comparable businesses by:
- Within the Electricity and State Owned Enterprises Acts, installing, operating and maintaining electricity supply systems that meet the needs of connected customers.
- Developing and implementing capital investment plans, to improve electricity system performance and increase the network coverage of agreed areas.
- Seeking to recover efficient costs of the service provision.
- Improving the efficiency of services, whilst improving asset reliability and availability.
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