Power China plans to build a new gas-fired power station in SA
From the Adelaide Advertiser Jan 2 2017
Power China plans to build a new gas-fired power station in SA, costing an estimated $350m. Probably near Port Augusta. Plans still in initial stages.
A bid for NSW Ausgrid by China Government owned State Grid Corporate and Hong Kong listed Cheung Kong Infrastructure (CKI) was blocked in August by treasurer Scott Morrison who cited national interest concerns.
CKI and an associate company own 51% of SA Power Networks (SAPN) and State Grid Corporate owns 46.5% of Electranet.
What was so wrong with the recently closed coal-fired power station (located at Port Augusta) being converted to natural gas or even coal seam gas?
When you pay your power bills, remember where most of the money finally resides!
Well done Jay!
KG, Naracoorte, SA