TPS Overhaul Complete, Dispatch Agreement Commences
Key points
- Successful completion of Townsville Power Station (TPS) commissioning
- Dispatch Agreement with Ratch Australia Corporation commenced on 1 August 2025
- Accelerated well workover program underway to increase production from Moranbah Gas Project
Full summary
QPM Energy Limited (ASX:QPM) has announced the successful completion of the commissioning of the Townsville Power Station (TPS) and the commencement of the Dispatch Agreement between QPM and Ratch Australia Corporation. The Dispatch Agreement gives QPM the right to manage the dispatch of electricity generated by TPS into the National Electricity Market. In line with the return to service of the TPS, QPM has also initiated an accelerated well workover program, including the use of a coiled tubing unit, to further increase production from the Moranbah Gas Project (MGP). The Company's Energy Markets team is now able to optimize the dispatch of the TPS to maximize electricity revenues using the MGP gas supply and gas stored in the North Queensland Gas Pipeline.
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