Companies within the Basslink group have gone into voluntary administration, the company said in a statement on Friday, adding that Ernst & Young would be acting as voluntary administrators.
Three arbitrations into a dispute between Basslink — the company that manages the undersea data and power cable that links Tasmania to the Australian mainland — the State of Tasmania and Hydro Tasmania have ended, with the outcomes favouring the first two entities mentioned.
Basslink, the company that manages the undersea data and power cable that links Tasmania to the Australian mainland, says that the Basslink Interconnector is expected to return to service on 30 September after a breakdown in August.
The company that manages the undersea data and power cable that links Tasmania to the Australian mainland says an additional inquiry commissioned into the failure of the cable in December 2015 is now complete and reiterates what was said earlier: that the failure was caused by unknown factors.
Basslink, the company that manages the undersea data and power cable that links Tasmania to the Australian mainland, has referred the dispute between it and Hydro Tasmania to arbitration, after dispute resolution procedures failed to resolve the issue.
Basslink, the company that manages the undersea data and power cable that links Tasmania to the Australian mainland, has issued a notice of dispute to Hydro Tasmania seeking to recover money that it claims it is owed for the failure of the Basslink interconnector in December 2015.
The Basslink power interconnector, which was damaged in March, has been repaired and is back in service as of 5 June, the operator, Basslink, says.
Basslink, the operator of the Basslink Interconnector, the undersea data and telecommunications cable that connects Tasmania to the Australian mainland, says the power interconnector will take longer than expected to be repaired, and expects it to be ready for service only in early June. No exact date was provided.
The dispute between the Tasmanian Government and Basslink, the company that manages the undersea data and power cable that links Tasmania to the Australian mainland, will go to arbitration, following a notification from the government to the company.
Basslink, the operator of the Basslink Interconnector, the undersea data and telecommunications cable that connects Tasmania to the Australian mainland, says the power interconnector will be back and working by 31 May, six weeks later than originally notified.
The Basslink Interconnector, the undersea data and telecommunications cable that connects Tasmania to the Australian mainland, has been hit by an outage after routine maintenance was begun on 24 March.
The Tasmanian Government has formally lodged a notice of dispute with Basslink, claiming damages to the tune of $122 million as a result of a six-month outage that began in December 2015.
Basslink has denied claims by the Tasmanian Government that it had breached warranties about the design and construction of the Basslink Interconnector and reiterated that the failure was a force majeure event.
Basslink chief executive Malcolm Eccles has dismissed Hydro Tasmania's claim that it had found the reason behind the Basslink cable failure in 2015, saying that the expert reports cited as proof merely outlined one possible cause of the outage.
The cause of the December 2015 failure of the Basslink cable has finally been identified, with two experts saying it happened because Basslink Pty Ltd exceeded its design limit.
The Australian Renewable Energy Agency and TasNetworks will explore a more detailed feasibility and business case for a second Bass Strait interconnector connecting grids.
Basslink, operator of the undersea power and data cable between Tasmania and mainland Australia, has demanded that the Tasmanian government and its subsidiary Hydro Tasmania resume payments for the undersea cable that provides power and telecommunications from mainland Australia, claiming a recent six-month outage was a “force majeure” event (Act of God).
Basslink, operator of the undersea power and data cable between Tasmania and mainland Australia, says it has successfully pinpointed the fault location on the interconnector which has already put the cable out of action for more than three months. But it will likely not be up and running again until June.
Tasmania may be a small state that is often left off Australian maps, but the locals have a very loud voice when it comes to being disadvantaged.
Nokia Siemens Networks has announced completion of a capacity upgrade to the TasGovNet optical fibre backbone network, provided by Government-owned power utility, Aurora Energy.
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