Snowy Hydro Expansion Could Cost A$25 Billion, Review Finds
A review says the hydropower expansion could cost as much as A$25 billion ($18 billion), around 12 times its original estimate, and may not be completed until the end of the decade.
Australia's Snowy Hydro hydropower expansion project could cost as much as A$25 billion ($18 billion), around 12 times its original estimate, and it may not be completed until the end of the decade, a review published on Friday has found.The cost blowout is the latest setback for the country's bigg…