Yup, I had to laugh when Radio National broadcast that the report is expected to find that Snowy 2.0 will be viable... big deal... Genex Ph 2/3 is a cash cow.
Then I read this.
“I wouldn’t expect [the feasibility study] to have a positive NPV [net present value],” a Monash University engineering senior lecturer, Roger Dargaville, told Fairfax Media. “I think it would be a loss-making venture but that being said lots of big infrastructure projects don’t make money so that doesn’t have to be a hurdle.”