BBP have missed out on the desal plant to be built in Vic as AGL...

BBP have missed out on the desal plant to be built in Vic as AGL have won the contract to supply power.

http://www.egoli.com.au/news/post/AGL-secures-desalination-contract.aspx

AGL secures desalination contract

AGL Energy Limited (AGK) has secured the energy supply contract for Victoria’s new $3.5 billion desalination plant to be constructed near Wonthaggi. The contract is for a term of 27 years with an annual requirement of up to 860GWh of electricity and associated renewable energy certificates.

AGL said it would be committing to the construction of the Oaklands Hill wind farm in south-west Victoria to add to its portfolio of renewable assets which would supply the desalination plant.

The company said construction of the Oaklands Hill wind farm is scheduled to commence in October 2009, creating 200 direct jobs.

AGL said the total development cost of the Oaklands Hill wind farm would be approximately $200 million

Managing director Michael Fraser said the renewable energy required would be supplied from AGL’s portfolio of renewable generation assets which includes Oaklands Hill and the soon to be completed Bogong hydro peaking plant located in the Victorian high plains.

“AGL has a dominant position in renewable energy in Australia,” Mr Fraser said.

“We can ensure the energy needs of the desalination plant are met because of our financial strength, our portfolio of renewable energy projects and our technical expertise.”

The company said Bogong is the first new large-scale hydro generation to be built on the mainland of Australia for more than a quarter of a century and would be opened in November 2009.