World news brief
Snowy Hydro 2.0 has blown out to 12 times its original cost – but the CEO says it ‘could have been worse’
NEWS DESKWorld
PUBLISHEDOct 22, 2026, 11:00 AM
What the source reports
New projections by the Snowy Hydro company show tunnelling work is now 65% finished, but the completion date has been pushed back to 2029 Get our breaking news email , free app or daily news podcast The cost of Snowy Hydro 2.
0 has blown out to as much as $25bn, with a major reassessment finding the long-delayed renewable energy project will not be completed until the end of the decade. First touted by the Turnbull government in 2017 with a price tag of $2bn , the…
Main source: The Guardian World
TDBN presents the written preview supplied through the publisher's feed. Complete reporting, continuing updates, context, and corrections remain with the original report.
Read the complete report ↗