Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Tranz Rail confirms Huntly coal delivery deal

Tranz Rail confirms Huntly coal delivery deal

From December this year Tranz Rail will start moving up to a million tonnes of imported coal annually from the Port of Tauranga to Huntly for Genesis Power.

This follows the announcement last year by the Port of Tauranga of a 10-year agreement they had signed with Genesis Power for the importation of coal for the Huntly Power Station.

Currently the tonnage is being moved by road but rail will start mid November. Each train will carry 1500 tonnes from a major new storage facility to be constructed at Mount Maunganui. The new facility will be able to handle 70,000 tonnes making it one of the largest of its kind in the world.

The 33 coal wagons needed to move the coal would be constructed at Tranz Rail's Hillside workshops in Dunedin. These are scheduled for completion in March 2005. The wagons will be covered to prevent coal dust contaminating sensitive retail and residential areas enroute.

When talks first started last year, Genesis Power Chief Executive Murray Jackson commented how rail offered the perfect option to move such a large tonnage and provided flexibility and competitive pricing for Huntly over the long term.

Tranz Rail's National Manager Bulk Freight, Steve Muir says the final confirmation of the deal is good news for the rail company and good news for motorists with the coal moving off the road and onto rail tracks.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>


Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>


I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news