The sale of the New South Wales poles and wires, or Transgrid, is estimated to raise $9 billion for the State Government.
The successful bidder would be the biggest player in the national electricity grid and own part of the Federal Government’s fibre optic network, as well as control much of the nation’s backup electricity supply.
There are several contenders, but one of the leading bidders is the Chinese government-owned State Grid, which is partnering up with Macquarie Infrastructure.
Other bidders include foreign companies from Canada and the Middle East, however the State Grid Corporation’s interest is raising concerns in defence circles.
The NSW Government said it expected to announce a successful bidder for Transgrid by the end of the year, but that appropriate approvals would need to be given by the Australian Competition and Consumers Commission and the FIRB. For the full article click here
from critical infrastructure alliance http://ift.tt/1SUVbBy
via IFTTT
No comments:
Post a Comment