"...was first estimated to cost just $2 billion. It's blown out to $12 billion."
Excellent reporting by ABC. If you want to understand how things are going at Snowy Hydro 2.0, you need to watch this ABC video above and also the reporting below...
Snowy Hydro's tunnelling machine caused a sinkhole and spent months barely moving, then the troubled project's tunnel began filling with gas.
I like the "on track" part. How can a project currently already 4 years late and 6 times the original estimate be reported with the inclusion of those words?
Australia turned into a banana republic.
"Snowy Hydro 2.0 project on track for end of 2028"
https://au.news.yahoo.com/snowy-hydro-2-0-project-064506239.html
The Snowy Hydro 2.0 project will deliver taxpayers their bang for buck despite the massive cost blowouts, a parliamentary committee has been told.
cover tunnel photo by: Matt Brown from London, England / CC BY
Copyright 2019-2024 TunnelContact.com
If you want to understand how things are going at Snowy Hydro 2.0, you need to watch this ABC video;
www.youtube.com