Basslink still owes Hydro Tasmania $25.25 million over 2015 cable failure

Adam Holmes
By Adam Holmes
Updated December 2 2021 - 6:01am, first published 6:00am
An arbitrator ordered Basslink to pay the Tasmanian Government and Hydro Tasmania $70 million as a result of the 2015 cable failure, but the entity has ultimately entered voluntary administration.

Hydro Tasmania is still owed $25.25 million from Basslink as a result of the 2015 cable failure, with Hydro executives questioned about whether the organisation would see the money after Basslink recently entered voluntary administration.

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Adam Holmes

Adam Holmes

Journalist at The Examiner and Advocate, Tasmania

From Adelaide to south-west Victoria, Bendigo to Tasmania, I've provided in-depth stories in politics, environmental affairs, issues facing disadvantaged communities, legal affairs and much more. Contact me at adam.holmes@examiner.com.au or on Twitter at @adamholmes010

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