Transpower challenged to deliver on network spend

Fri, 08 Feb 2019

By Gavin Evans Feb. 8 (BusinessDesk) - National grid operator Transpower is being challenged to seek further efficiencies so that it can complete almost $90 million of work in coming years it may otherwise defer due to potential shortages of skilled contractors. The state-owned transmission company is seeking regulatory approval for its maintenance and upgrade programme for the five years starting April 2020. Its proposal, lodged with the Commerce Commission in November, included deferral of $58 million of base capital expenditure duri...

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