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


Transpower lets Auckland contracts worth $173M

Transpower lets Auckland contracts worth $173M

Dec. 24 (BusinessDesk) – State-owned national grid operator Transpower Ltd. has let around a third of the contracts by value for a critical part of the $500 million Auckland transmission upgrade to a group of Australian and European suppliers.

The successful tenderers were Australia’s Olex Cables, and a consortium of German manufacturer NKT Cables, ASX-listed UGL Ltd. and U.K. infrastructure giant Balfour Beatty PLC.

The Nkt/BBUGL consortium won $82 million in contracts to manufacture and install underground 18 kilometres of cable between Pakuranga in south-east Auckland to Hobson St, in the central business district, using both public roadways and the tunnel owned by Vector Ltd.

The Olex contract, worth $91 million, will run 19km of cable between Hobson St and Albany, on the northern outskirts of Auckland.

The project is a key part of Transpower’s North Auckland and North (NAaN) project to strengthen the grid through the country’s main population centre.

The upgrade was delayed when the now defunct Electricity Commission initially knocked back approval for the project, but Transpower now expects construction to be completed in 2013, a year ahead of schedule.

First cable deliveries are expected in late 2011, with construction work commencing in mid-2011.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Retail: International Websites To Pay GST

New rules would be aimed at imported goods valued at or below $1,000. Customs would retain responsibility for collecting GST on imported parcels valued more than $1,000. More>>


High-Level Advice: PM’s Business Advisory Council Membership Announced

The Prime Minister’s Business Advisory Council brings together a mix of experts, six women and seven men with small to large business experience, from across New Zealand, to provide advice. More>>


Improving: Report Shows New Zealand Air Quality 'Good'

Our air 2018, produced by the Ministry for the Environment and Stats NZ, shows that while some previously known issues persist, progress has been made and levels of some pollutants are declining. More>>


Greenpeace: Govt Extends OMV Exploration Permit

The Government has just granted oil giant OMV a two-year extension to drill in the Great South Basin, despite issuing a ban on new oil and gas exploration permits in April. More>>


Collective Bargaining For Contractors: Working Group's Model For Screen Sector

A recommended model to allow collective bargaining for contractors in the screen sector has today been unveiled by the Government-convened Film Industry Working Group. More>>


Kauri Dieback: DOC Closing Tracks To Protect Trees

The Department of Conservation will close 21 tracks across kauri land to help prevent the spread of kauri dieback. An additional 10 tracks will also be partially closed and the open sections upgraded... More>>