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SA power: $500m plan outlined for state's energy future Updated...

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    14/03/17
    11:44
    Post #: 23325942
    SA power: $500m plan outlined for state's energy future

    Updated 6 minutes agoTue 14 Mar 2017, 8:36am

    The South Australian Government will spend more than $500 million to take control of the state energy market.
    It has announced a plan to build, own and operate a $360 million, 250-megawatt gas-fired, aeroderivative plant to provide power grid stability and for emergency power needs.

    More to come.

    http://www.abc.net.au/news/2017-03-...unced-its-plan-for-electricity-market/8351450
    GXY Price at posting: 48.0¢ Sentiment: Buy Disclosure: Held
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