Federal, NSW governments to underwrite QNI upgrades

THE federal and New South Wales governments will underwrite A$102 million of the Queensland-NSW Interconnector to allow Transgrid to fast track critical early work in a bid to ensure energy security.

Federal, NSW governments to underwrite QNI upgrades Federal, NSW governments to underwrite QNI upgrades Federal, NSW governments to underwrite QNI upgrades Federal, NSW governments to underwrite QNI upgrades Federal, NSW governments to underwrite QNI upgrades

PM vows A$102M underwrite will slash power prices

 

 

Prime Minister Scott Morrison said in a statement today the funding will unlock important transmission infrastructure in the NSW energy grid. 

"Industry needs certainty.