Provided by NZX
  • CEN4.92


  • Open 4.94 High 4.95 Low 4.91 Bid Price 5.4

    Offer Price 4.6 Value 3584459.31 Volume 724703

Current as of 18/01/17 05:19PM NZST

Contact takes fast track

Contact Energy has filed resource consent applications for the second phase of its development of the Tauhara geothermal resource near Taupo.

Contact has requested that the application for the 250-megawatt Tauhara 2 development be considered under the new Environmental Protection Agency process which speeds up the potential award of consents to within nine months of the application being accepted.

Tauhara 2 will follow Contact's first stage of development of the Tauhara steam field, a 23MW geothermal binary power station under construction in Taupo.


Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter


© Copyright 2017, NZME. Publishing Limited

Assembled by: (static) on production bpcf02 at 18 Jan 2017 17:32:23 Processing Time: 458ms