Legislative Council, Tuesday 12 September 2023

Ms FORREST question to LEADER of the GOVERNMENT in the LEGISLATIVE COUNCIL, Mrs HISCUTT

With regard to the grants from the Australian Government for the 2023/24 year and the 2024/25 listed in the Budget Papers for 2023/24 Vol 1 on page 106 for Battery of the Nation (Tarraleah) and Project Marinus (grants for the two years totalling $42.2 million and $41.1 million respectively):

1. What is the total of grants received to date in the current year for each project?

2. How much has been spent in the current year to date for each project?

3. How much spending is yet to occur for which amounts have been contracted or otherwise committed for each project?

ANSWERS:

1. 

* Note: the money was receipted in August 2023 (FY23/24) but was expected in FY 22/23 per the allocation in the State Budget papers. 

2. Marinus Link
   Marinus Link Pty Ltd advises the total spend to-date for the current financial year, as at 31 July 2023 is as follows:

North West Transmission Developments

Tasmanian Networks Pty Ltd advises the total spend to-date for the current financial year, as at 31 July 2023 is as follows:

Tarraleah hydro scheme redevelopment program
Hydro Tasmania advises expenditure this financial year (FY2023/24) through July and August 2023 on the upgrade works program for Tarraleah is $5.5m.

3. Project Marinus
With regards to spending yet to occur, the below table captures expenditure to date on the Project Marinus scopes and the expected expenditure to the end of the Design and Approvals phase (nominally December 2024).

Tarraleah

The below table represents expenditure to date on the Tarraleah pre-final investment decision phase (which largely includes business case and design and approvals components) and upgrade works phase (which are capital work on the headpond and conveyance associated with the power station and which will be needed regardless of whether it is fully redeveloped or renewed). The table also provides the expected expenditure to complete these phases.