Tagged With snowy hydro

The $2 billion expansion of the Snowy Mountains hydro scheme, dubbed "Snowy Hyrdo 2.0", is set to be fast-tracked - with Prime Minister Malcolm Turnbull announcing today $8 million in funding towards a $29 million feasibility study on the project.

The upgrade aims to increase the 4,000 megawatt output by 50 per cent - a plan that will power up to 500,000 homes, and create 5,000 new jobs.