Approval given for Contact's Te Mihi
Relevant offers
Contact Energy is welcoming the granting of resource consents for a geothermal power station in Taupo.
Contact received approval for the 220 megawatt Te Mihi geothermal power station over the weekend.
Contact chief executive David Baldwin said Te Mihi was a nationally significant generation project that would provide the country with enough renewable, baseload energy to power more than 200,000 homes.
"Geothermal projects like Te Mihi will make an important contribution towards a secure supply of electricity while at the same time moving towards a higher renewables future," Baldwin said.
He said good progress was being made on the development of three new geothermal power stations totaling about 500 megawatts.
"In addition to the granting of resource consents for the Te Mihi project, discussions with potential construction contractors for the Te Mihi power station are advancing on schedule."
- More BusinessDay.co.nz stories
- © Fairfax NZ News
Sponsored links
NZ's best farm land 'already sold off'
'Mondayising' could cost $200m
ANZ, Westpac can bank on their brand
Action launched over Feltex statement
Riots as Greece approves austerity
Stocks down despite Greek news
Suppression ends for SCF accused
Fonterra recalls butter after metal found
Dollar up on Greek debt package
One dead after SH1 crash near Wellington
Driver charged over Allan Hubbard crash
Police find woman's body in Manawatu
Adele's the big winner at Grammys
Proteas expect fiery series against Black Caps
Boxer Richard Tutaki enters guilty plea
Toxic soil fears five years before residents told
Pat Lam still mum on Piri Weepu's Blues role
Qantas grounding 'good for brand'
Seriously ill man found on beach
NZ's best farm land 'already sold off'
Dotcom accused van der Kolk 'flabbergasted'
One dead after SH1 crash near Wellington
Adele's the big winner at Grammys
Body found in Sydney tree identified
Police find woman's body in Manawatu
Woman crushed, friend watched 'helplessly'
Houston died in bathtub - coroner
Tainui leader ousted from board
Second Megaupload co-accused bailed
Top 10 anti-Valentine's Day flicks
'Mondayising' could cost $200m
Do you think a milk price war will erupt?
Related story: Another shot fired in milk price battle
