The call for proposals follows a market sounding process in which QIC engaged with more than 20 organisations, including developers, suppliers, and local governments in and around Mount Isa, Cloncurry, Julia Creek and Richmond.
QIC has published investment guidelines for potential partners, setting out two key criteria: proposals must either deliver benefits from or reach commercial operations by 2030, and must demonstrate an improved cost of delivered power in the NWMP and surrounding regions.
QIC head of global infrastructure Ross Israel said the market sounding had provided key insights, enabling QIC to fast-track opportunities to connect private capital with priority projects.
“Supporting near-term investable projects that deliver reliable, affordable and sustainable energy will help unlock economic development opportunities in the North West,” Israel said.
“A critical piece of this work will be undertaking the work required to define the end-state system to optimise the opportunity set in the region.”
