Transpower cites skills shortages in reduced capex plan

Thu, 25 Oct 2018

By Gavin Evans Oct. 25 (BusinessDesk) - Transpower says it may reduce its future capital spending due to an anticipated shortage of key technical workers. The national grid operator has signalled a potential $65 million, or 5 percent, reduction in its forecast capital expenditure for the five years starting April 2020 because of an expected shortage of protection technicians and line mechanics. Increased infrastructure construction here and internationally has lifted demand for skilled workers in many sectors, including electricity, it...

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