Gabrielle damage eats up all year's lines repair budget

Gabrielle damage eats up all year's lines repair budget
The early estimate was it would take $100m to repair electricity lines damage caused by Gabrielle. (Image: Getty)
Ian Llewellyn
The estimated cost for electricity lines companies to restore power due to Cyclone Gabrielle is about $100 million, exceeding the entire annual budget for such work across the whole country and the $81m spent in the previous year.Electricity Networks Association (ENA) chief executive Graeme Peters said the 27 lines companies covering New Zealand had a combined forecast service restoration and emergency capital expenditure spend of $76.4m in the year ending March 31, 2023.The actual spend on service interruption and emergency operating expenditu...

More Infrastructure

Our man in Argentina
Policy

Our man in Argentina

What happens when a pescatarian goes to the home of beef?

Oliver Lewis 14 Jan 2025
Fast-track panels to be set up from Feb 7
Policy

Fast-track panels to be set up from Feb 7

Application cost details expected in coming weeks. 

Oliver Lewis 10 Jan 2025
Rail tunnel important for coal exports to reopen
Infrastructure

Rail tunnel important for coal exports to reopen

Miner Bathurst Resources suffered a financial hit from the West Coast tunnel closure.

Oliver Lewis 08 Jan 2025
Infratil $480m injection prevents CDC devaluation
Infrastructure

Infratil $480m injection prevents CDC devaluation

The value of Infratil's holding has grown tenfold since acquisition. 

Gregor Thompson 07 Jan 2025