Huge quake hits Papua New Guinea, extent of damage unclear

This photo taken on Feb. 27, 2018 shows people walking at the site of a landslide near the village of Ekari in Papua New Guinea's highlands region after a 7.5-magnitude earthquake. (AFP file)
Short Url
Updated 11 September 2022
Follow

Huge quake hits Papua New Guinea, extent of damage unclear

  • There were reports of damage to buildings but the extent is still unknown
  • A magnitude 7.5 earthquake in 2018 in the nation’s central region killed at least 125 people

JAKARTA/WELLINGTON: A 7.6-magnitude earthquake hit off eastern Papua New Guinea on Sunday, with locals reporting damage to buildings near the town of Madang and further inland.
The US Geological Survey, which reported the quake, issued a tsunami warning but subsequently said the threat “has now passed.”
It did, however, note that there could still be “minor sea level fluctuations in some coastal areas.”
Locals in Madang said they felt “very strong shaking.” There were reports of damage to buildings.
The quake struck at a depth of 61 kilometers (38 miles), about 67 kilometers from the highland town of Kainantu, the USGS said.

The Papua New Guinea quake came an hour after a succession of two earthquakes in the west, in parts of the vast Indonesian archipelago.
The first quake, recorded at 2:10 a.m. local time (UTC+03:00) with a magnitude of 6.1, struck Mentawai Islands off the western coast of Indonesia's Sumatra island, the country's geophysics agency (BMKG) said. 
A magnitude 5.3 in the same area 14 minutes later, BMKG reported. Local online media said one person was injured in the head by falling wood.

Renagi Ravu, a geologist, said he was meeting with colleagues at his home in Kainantu when the earthquake struck.
Ravu tried to stand up from his chair but couldn’t maintain his balance and so ended up in a kind of group hug with his colleagues, while plates and cups crashed from his shelves to the ground. His children, ages 9 and 2, had their drinks and breakfast spill over.
The extent of the damage and whether there have been serious injuries or deaths from the quake was not clear in the immediate aftermath in the remote and underdeveloped region.
Ravu said that about 10,000 people live in and around his town of Kainantu, the nearest big town to the quake. He said there are many scattered settlements in the highlands, and tens of thousands of people might have been affected.
On Sunday morning, Ravu was still sorting through the damage to his home, which he said likely included a broken sewer pipe judging from the smell. He said friends elsewhere in Kainantu had messaged him with descriptions of broken pipes and fallen debris, but hadn’t described major building collapses or injuries.
A magnitude 7.5 earthquake in 2018 in the nation’s central region killed at least 125 people. That quake hit areas that are remote and undeveloped, and assessments about the scale of the damage and injuries were slow to filter out.
According to the US Geological Survey, the quake hit at 9:46 a.m. local time. Initial readings put the quake at a depth of some 50 to 60 kilometers (30 to 40 miles).
NOAA has since advised there is no tsunami threat for the area.
The extent of damage is not yet clear, but the USGS estimates “some casualties and damage are possible and the impact should be relatively localized.”
Papua New Guinea is located on the eastern half of the island of New Guinea, to the east of Indonesia and north of eastern Australia.
It sits on the Pacific’s “Ring of Fire,” the arc of seismic faults around the Pacific Ocean where much of the world’s earthquakes and volcanic activity occurs.

 

 


Modi’s rooftop solar push slowed by reluctant lenders, states

Updated 5 sec ago
Follow

Modi’s rooftop solar push slowed by reluctant lenders, states

  • The shortfalls represent the latest challenge to India’s efforts to nearly double clean energy capacity to 500 gigawatts by 2030

SINGAPORE/MUMBAI/BHUBANESWAR, India: Indian Prime Minister Narendra Modi’s push to accelerate the rollout of rooftop solar power is falling short of targets despite ​heavy subsidies due to loan delays and limited support from state utilities, vendors and analysts say.
The shortfalls represent the latest challenge to India’s efforts to nearly double clean energy capacity to 500 gigawatts by 2030, and come as the government plans to suspend clean energy tendering targets amid a mounting backlog of awarded projects yet to be built.
Challenges to plans to increase solar uptake may mean India maintains its reliance on coal-fired power.
India’s Ministry for New and Renewable Energy created its subsidy program for residential solar panel installations in February 2024, covering up to 40 percent of the costs.
But residential installations at 2.36 million are well below the ministry’s target of 4 ‌million by March, ‌according to data from the program’s website.
“Banks’ reluctance to lend and states’ ​hesitance ‌to ⁠promote the schemes ​could ⁠derail India’s efforts to transition away from coal,” said Shreya Jai, the lead energy analyst at research firm Climate Trends in New Delhi.
Roughly three in five rooftop solar applications filed on the scheme’s website are yet to be approved while about 7 percent have been rejected, according to government data on the program, known as the PM Surya Ghar.
In a statement to Reuters about the pending applications, the renewable energy ministry pointed to accelerating installations which have benefited over 3 million households, and said the scheme enables state-owned utilities to reduce subsidy payouts to keep residential power bills in ⁠check.
“The loan rejection rate varies across states,” the statement said.
Under PM Surya Ghar, ‌consumers apply and select a vendor who handles paperwork and arranges bank ‌financing for solar panels. After loan approval and installation, the vendor ​submits proof, after which the government subsidy is credited ‌to the bank.

BANK DELAYS
However, banks have been rejecting or delaying loans for numerous reasons including lack of ‌documentation, which they say is necessary to protect public funds.
“We are working with the government to push for some standard documentation, because it is necessary to avoid bad loans. Currently if loans go bad, banks can take away these panels but what will we do with these panels?” said a senior official at a major government-owned bank.
Chamrulal Mishra, a solar vendor in ‌the eastern Indian state of Odisha, said applications are often rejected because the customer has missed electricity payments or because land records are still in the name ⁠of deceased relatives.
Residents there dispute ⁠the claims that they have missed payments, which they attribute to administrative errors after a change in utility ownership decades prior.
A spokesperson for India’s Department of Financial Services, which regulates the country’s banks, said they have responded to consumer feedback to allow co-applicants for loans to clear up title claims and the simplification of documentation requirements.
The Renewable Energy Association of Rajasthan said some banks are making collateral demands for loans under 200,000 Indian rupees ($2,208.87), despite scheme guidelines not requiring them to, which is constraining solar power additions.
State Bank of India and Punjab National Bank, some of the country’s largest lenders, did not reply to requests for comment on the matter.
State-owned utilities are also not promoting rooftop solar as much, as they are concerned about the loss of revenue as sales move off the electric grid.
“Wealthier households typically have high electricity consumption, tariffs and reliable roof access. When they shift from ​the grid, it leaves a larger financial burden,” ​said Niteesh Shanbog, an analyst at Rystad Energy.