Power Privatisation To Go Ahead

The NSW Government has reaffirmed its committment to the sale of the state-owned retailers, development sites and power trading rights with its International Market Testing Update released on 12th May.

The update states that ’…there is more than sufficient interest at this stage to proceed to the next stage of the transaction.’

One of the next steps is that ‘…the Government will call for formal Expressions of Interest in July/August this year.’