Callide C, a troubled coal-fired power station in central Queensland, will be restarted in September despite the voluntary administration of its co-owners. The power station suffered a catastrophic failure after an explosion in its turbine hall in May 2021, leaving more than 470,000 homes and businesses without power. Following the explosion, part of the cooling tower collapsed in October last year, which left both its C3 and C4 generating units offline. IG Energy Group entities and the state-owned CS Energy co-own Callide C, with both holding a 50% stake in the power plant. Deloitte was appointed as voluntary administrators to IG Energy Group entities because shareholders disagreed about the venture’s future funding. However, the administrators suggested there would be minimal disruption to restoring the power station, with CS Energy announcing a staged return to unit C3 from September 30 and to unit C4 from October 31 this year. Despite the setbacks, the Callide B power plant remains under the ownership of CS Energy.
Idled Qld Coal-Power Plant to Restart Operations in September
Callide C, a troubled coal-fired power station in central Queensland, will be restarted in September despite the voluntary administration of its co-owners. Callide C suffered a catastrophic failure after an explosion in its turbine hall in May 2021, leaving more than 470,000 homes and businesses between the New South Wales border and Cape York without power. Following the explosion, part of the cooling tower collapsed in October last year, which left both its C3 and C4 generating units offline.
The power station is co-owned by IG Energy Group entities and the state-owned CS Energy, with both holding a 50% stake in the power plant. IG Energy trades as Genuity and was formerly known as InterGen. Voluntary administrators, Grant Sparks and Richard Hughes from Deloitte, were recently appointed to IG Energy Group entities as shareholders disagreed about the venture’s future funding.
However, there will be minimal disruption to restoring the power station according to Richard Hughes, with a staged return to unit C3 from September 30 and to unit C4 from October 31 this year. CS Energy said that the company is committed to the safe and timely reinstatement of the Callide C Power Station units 3 and 4, and it is currently working through options to achieve this.
The current situation has not affected CS Energy’s operations, and it remains “business as usual” for their staff at Callide C. Despite the setbacks, the Callide B power plant, which is the second power plant comprising the Callide Power Station, remains under the ownership of CS Energy.
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