The Hodgman Liberal Government is building on the success of our growing friendship with China with today’s announcement that Entura, in partnership with HYDROCHINA, has been awarded a contract for work on the Kidston Pumped Storage Hydro Power Project in North Queensland.
This is the first joint contract to be won between the two companies since they signed a Memorandum of Understanding during Chinese President Xi Jinping’s visit to Tasmania in November last year.
The MOU focused on co-operation on the development of opportunities in the energy and water sectors, including hydropower and renewable energy, sustainability and environmental management and power transmission.
The companies will undertake work for GENEX including;
• A bankable feasibility study;
• Oversight of subcontracted investigations, including geotechnical investigations and bathymetric survey; and
• Environmental and Planning approvals for the project site, including specialist reports and community consultation.
Today’s announcement is a prime example of what we can achieve through our thriving relationship with China. It showcases the expertise of Hydro Tasmania to the world and highlights the potential to build on the complementary skills and reputation of both parties, drawing on Tasmania’s proud history of achievement in hydropower development, engineering and water management.
Just last month we hosted HYDROCHINA in Tasmania for talks with Entura as they continue to explore development opportunities within Australia.
The Kidston Project is based near Georgetown around 270 kilometres North West of Townsville and will ultimately see the project deliver 360MW of peaking generation capacity into Australia’s National Electricity Market.
This project will generate millions of dollars in fees for Entura and a steady stream of work for Tasmanians, with opportunities for that to continue through to the shovel ready stage.
Matthew Groom, Minister for Energy