Business
Basslink operator to pay Tasmanian Govt $38.5m in compensation for 2015 power crisis – ABC News
The operators of the Basslink undersea power cable between Tasmania and Victoria are ordered to pay the Tasmanian Government almost $40 million in compensation…
The operators of the Basslink undersea power cable between Tasmania and Victoria have been told to pay the Tasmanian Government almost $40 million in compensation after it failed to prove a major power outage in 2015 was beyond its control.
A failure in the Basslink cable contributed to the Tasmanian energy crisis starting in December 2015, when a major outage put the cable out of operation for almost six months.
Coupled with almost-record low dam reserves, the State Government was forced to ship…
-
Business13 hours agoBell Potter just lowered its view on these ASX energy shares
-
General8 hours agoDrone pilot course in doubt as Queensland reviews school-based training
-
General12 hours agoAmerican chess grandmaster Daniel Naroditsky dies aged 29
-
General23 hours agoAustralia’s violent left-wing flank