you wont believe it
as this project is almost like the most expensive comedy in Aussie, ever !
S2 are buying
ANOTHER Boring machine
cost ONLY $75 Million of your Taxes
(but there will be cheap power/elect in the year 2040 or some where BEYOND
AND the important thing for the kiddies is to find a f.......ing name for this new Boring monster,
I am not joking either !
Snowy Hydro buys another boring machine, hoping to make up for lost time
In short:
A disappointing performance by 'Florence' has forced Snowy Hydro to pick up a fourth boring machine.
The Snowy 2.0 project has faced multiple delays and cost overruns, now expecting to cost $12 billion. What's next?
Approvals to name and use the fourth machine will be subject to NSW government decisions.
After a succession of delays and dramas, Snowy Hydro has been forced to acquire an additional tunnel boring machine to make sure the $12 billion Snowy 2.0 pumped hydro project is completed on time.
Repeated problems with an existing machine named Florence, combined with "initial design immaturity" to deal with geologically complex terrain, prompted the re-calculation of what it would take to complete the tunnelling works.
Snowy 2.0's costs have already blown out by $10 billion and its start date pushed back six years.
Acquiring the extra tunnel boring machine will cost around $75 million, but Snowy Hydro is confident it will not need additional funding and can still meet its amended time frame of completing the project by December 2028.
