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…
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