GenusPlus Group to Start Construction on TasNetworks' Transmission Project in Tasmania

MT Newswires Live

5 hours ago

GenusPlus Group (ASX:GNP) received a notice to proceed with the stage one construction phase of TasNetworks' North West Transmission Developments project in Tasmania, according to a Monday filing with the Australian bourse.

The construction phase work will start immediately and is expected to be completed in 2029, per the filing.

The total contract value for the project is around AU$750 million, including early contractor involvement and early works agreements valued at AU$122 million, GenusPlus said.

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