The Age
·australia
·4 hours ago
‘Extreme’ risk of yet more cost, construction blowouts at Snowy 2.0
The Snowy 2.0 project will face further cost and timeline overruns as auditors highlight significant management failures. Expected cost blowouts could exceed $12 billion, complicating the federal government's emissions reduction goals. Energy Minister Chris Bowen emphasized the project's importance and commitment to improved transparency despite ongoing challenges and rising material costs.
Summary by OZbrief · The Age
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