Thursday, June 28, 2007

Tamar Valley Power Station Developments


The State Government has emerged from talks with Alinta optimistic the Tamar Valley Power Station will go ahead.
Minister for Energy, David Llewellyn and the Executive General Manager of Alinta Energy, Jim Hennessy, met this morning.
“Mr Hennessy assured me that he and Alinta remain absolutely committed to the power station project, and that Alinta’s next step will be to pursue alternative gas supply arrangements.
“The company will continue to progress its applications for planning and environmental approval.
“Likewise, Alinta’s orders for the combined cycle gas turbines that were to power the project will remain afoot.
“Finally, and most importantly, Mr Hennessy gave me an assurance that Alinta will not use this development as an opportunity to leverage extra value from the project to the detriment of Aurora or Hydro Tasmania.”
Mr Llewellyn said there are a number of options available to progress the prospective development.
“These are sensitive commercial negotiations.
“Until those options are exhausted, it is absolutely inappropriate for me to speculate about alternatives.”
Mr Llewellyn also slammed the Greens for their predictable and blatant political point scoring.
“They acted like pack of hyenas yesterday when this news broke.
“The suggestion, advanced by Kim Booth, that Alinta should breach its obligation to the ASX by providing me with advance notice of this development, makes a mockery to their commitment to probity.
“It also demonstrates how out of touch Mr Booth is from the commercial realities of this situation.
“It’s time the opposition came up with some real alternatives instead of their constant and ill informed carping.”

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