2,000MW pumped-hydro storage. Tunnel boring delays have pushed completion to 2028.
Why this mattersTypical
Of $12.00B committed, $7.20B has been spent. Programme delays compound — each quarter of slippage carries holding costs.
Is this normal?
No peer projects to compare burn-rate against.
Your share
≈ $441 per Australian committed · ≈ $471 per household still outstanding per household
Total Budget
$12.00B
Spent to Date
$7.20B
Utilisation
60%
Timeline
2019-04 → 2028-12
Spend trajectory (monthly)
2019-04now
Primary contractor
Snowy Hydro Ltd / Future Generation JV
Source: AusTender Contract Notices · cross-referenced with departmental annual reports