Snowy Hydro boss Paul Broad resigns leaving project facing delays and cost blowouts
by Peter Hannam from Environment | The Guardian on (#62XTR)
Price tag for pumped hydro scheme has increased from $2bn to about $5bn since announced by Malcolm Turnbull in 2017
- Follow our Australia news live blog for the latest updates
- Get our free news app, morning email briefing or daily news podcast
Snowy Hydro's chief executive, Paul Broad, has resigned, leaving the commonwealth-owned power generator at a time when its signature Snowy 2.0 project faces cost blowouts and falls further behind schedule.
In a statement on its website, Snowy Hydro said Broad had led the organisation since 2013, transforming it into a dynamic and integrated energy business". It did not give a reason for his departure.
Sign up to receive an email with the top stories from Guardian Australia every morning
Continue reading...