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Federal government to pour $2 billion into major Snowy Hydro expansion

Phillip Coorey

Prime Minister Malcolm Turnbull will make a dramatic intervention into the energy debate today by announcing plans for a series of tunnels and power stations that will boost the output of the Snowy Mountains Hydroelectric scheme by 50 per cent.

Two days after the South Australian government re-entered the power game by promising to build, own and operate a gas-fired power station, the federal government will pour up to $2 billion into expanding the iconic power scheme which it co-owns with the governments of NSW and Victoria.

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Phillip Coorey is the political editor based in Canberra. He is a two-time winner of the Paul Lyneham award for press gallery excellence. Connect with Phillip on Facebook and Twitter. Email Phillip at pcoorey@afr.com

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    Original URL: https://www.afr.com/news/politics/federal-government-to-pour-2bn-into-major-snowy-hydro-expansion-20170315-guyo3r