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


Transpower welcomes interim approval

09 July 2008

Transpower welcomes Electricity Commission’s interim approval for West Coast Upgrade Project

Transpower said today that it welcomed the Electricity Commission’s (EC) notice of intention to approve its proposal to reinforce electricity supply to the West Coast region.

The proposed project, worth up to $19 million, involves a number of works including building a new 110 kV line between Reefton and Dobson, building a new capacitor bank at Hokitika and substation works to facilitate the new equipment. Transpower’s General Manager Grid Development Tim George said that the project will provide much greater reliability for all West Coast consumers and give confidence to investors in the region.

“The project will also help meet expected electricity demand increases due to new dairy and mining ventures in the West Coast area. This new demand is equivalent to an increase of about two thirds of the current peak load for the entire West Coast region.”

“Transpower has worked closely with local lines company Westpower to ensure that the proposal is the best solution for the West Coast region. We will continue to work closely with them moving forward.” Transpower is hopeful that the Electricity Commission will be in a position to issue a final decision on the proposal by late July 2008. If final approval is obtained, Transpower and Westpower will start work soon and aim to have the upgrade completed by 2011.


© Scoop Media

Business Headlines | Sci-Tech Headlines


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>