Snowy Hydro 2.0 has blown out to 12 times its original cost – but the CEO says it ‘could have been worse’

October 22, 2026 · 11:00 am 1 sources

Image: The Guardian

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• Snowy Hydro 2.0 has blown out to 12 times its original cost – but the CEO says it ‘could have been worse’
  The Guardian · October 22, 2026 11:00
  New projections by the Snowy Hydro company show tunnelling work is now 65% finished, but the completion date has been pushed back to 2029 Get our breaking news email , free app or daily news podcast The cost of Snowy Hydro 2.0 has blown out to as much as $25bn, with a major reassessment finding…