Snowy Hydro 2.0 approved by NSW government as part of Covid-19 economic stimulus
Deputy premier says project will bring jobs to Snowy Mountains region, but conservationists have labelled it 'environmental vandalism'
www.theguardian.comHere’s a concise update on Snowy Hydro Limited based on the latest publicly available information.
- Snowy Hydro Limited remains a Commonwealth-owned company (unlisted public) operating under the Snowy Hydro Corporatisation Act 1997, with the Government as its sole shareholder through ministerial appointments. The company’s mandate includes reliable, renewable energy, decarbonisation, and integration of generation with storage and retail operations.[8]
- The Snowy Mountains Scheme continues to be the core asset, with ongoing expansion and modernization efforts, including developments around Snowy 2.0 (Snowy Hydro Expansion). Government and industry updates have highlighted approval processes, funding considerations, and contractor involvement over time.[1][4]
- In recent years there have been various contract activities tied to Snowy Hydro projects and related power-generation facilities, including utility and construction contracts with different partners. Notably, UGL (a CIMIC Group subsidiary) was awarded a substantial contract for a hydrogen-capable power plant as part of Snowy Hydro’s broader generation strategy. Media updates from Snowy Hydro’s official channels continue to document project milestones, newsletters, and releases.[2][5][6]
If you’d like, I can pull the latest official media releases or summarize a specific project (e.g., Snowy 2.0 status, 660 MW Hunter Power Project) with citations.