Genus to Proceed with $140M Ausgrid Hunter-Central Coast REZ Project
Key points
- Genus awarded $140M contract by Ausgrid for Hunter-Central Coast Renewable Energy Zone sub-transmission line works
- Construction to commence in February 2026 and complete in Q1 2028
- Works include demolition of existing lines, construction of new 132kV and 66kV sub-transmission lines, and installation of optical ground wire and fibre optic cable
Full summary
GenusPlus Group Ltd (ASX: GNP) has confirmed that the $140 million contract awarded to it by Ausgrid for the Hunter-Central Coast Renewable Energy Zone sub-transmission line construction works is no longer subject to the Project Deed between Ausgrid and the Energy Corporation of New South Wales being executed. Genus will now proceed to commence construction works in February 2026. The scope of work under the Construction Contract includes demolition of 86 kilometres of existing 132kV and 66kV sub-transmission lines, constructing of 106 kilometres of 132kV and 66kV dual/single circuit 132kV sub-transmission lines from Kurri Sub-transmission Station to a new Eastern Hub Switching Station, constructing of 4 kilometres of dual circuit 132kV sub-transmission lines from Muswellbrook Switching Station to Muswellbrook bulk supply point, and the replacement of 30 kilometres of earthwire with optical ground wire and the installation of 2 kilometres of ADSS fibre optic cable. The Early Services component of the Contract will be delivered between December 2024 to February 2026, and the Construction Works will commence in February 2026 and be completed in Q1 2028.
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