TransGrid drops $227m Lismore to Dumaresq powerline project
POWER company TransGrid has announced it will stop all work on its Far North NSW project.
Since 2008 TransGrid had been working on a plan to build the $227 million, 330-kilovolt line between Lismore and Dumaresq, near Armidale.
The project was originally to be finished by 2014/2015, but in April this year all work was ceased on the line and in June TransGrid announced a review on the line would take place after public outcry that the project was not needed.
Following the review, TransGrid decided to cease all building work for the project and will now close off the easement/land rights process.
TransGrid said in a statement that the latest data showed a solution to electricity growth and supply in the area is not required until the 2020s or later.
General manager of strategy and stakeholder engagement Greg Garvin yesterday said TransGrid "plans in the most prudent and sensible fashion" and that it was always willing to defer or cancel projects if "circumstances suggest this is the most appropriate course".
Lismore City Councillor Simon Clough, who has opposed the project since the beginning, said he was happy to hear it would not go ahead.
"I think it's a huge victory for common sense and the community," he said yesterday.
"It reflects the real situation - there is not an increasing demand for energy in the Northern Rivers, in fact, it's reducing."