News briefs: Federal government considers $11m grant to upgrade Vales Point power station

Updated February 19 2020 - 3:03pm, first published 3:00pm
UPGRADE: Vales Point Power Station, on the shores of Lake Macquarie, at Mannering Park. Picture: Supplied.
UPGRADE: Vales Point Power Station, on the shores of Lake Macquarie, at Mannering Park. Picture: Supplied.

THE federal government is reportedly set to award an $11-million grant to upgrade Vales Point power station less than five years after it was bought from the NSW Government for $1 million. The grant is being considered under the federal government's Underwriting New Generation Investments Program. In 2018, Delta Electricity flagged an upgrade to extend operations until 2049. The Lake Macquarie station is currently scheduled to operate until 2029. Environmental groups have slammed the grant plan.

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