Jun 8, 2026 – 3.40pmSnowy Hydro is in no rush to bring its new Kurri Kurri gas power station fully online, as it focuses on negotiations with principal contractor UGL over who should pay for cost blowouts and delays at a generator currently not needed by the market.The 660-megawatt power station near Newcastle in NSW, announced by the Morrison government in 2021, has cost more than double its original budget of $610 million to build and is more than two years late.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Snowy, UGL argue over cost blowout at $1.3b-plus NSW gas power plant
Snowy Hydro CEO Dennis Barnes said the company was seeking to maximise value for taxpayers amid tense negotiations with the main contractor over cost overruns.














