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SUN, 25 OCT · 77 ITEMS
ABC News Australia, WAtoday, The Age + 4 more · Australia
7 outletsis Australia's giant pumped-hydro expansion of the Snowy Mountains Scheme, designed to store renewable energy as water pumped between reservoirs. The headline reports that the project's latest official cost estimate has risen to roughly A$25 billion—several times earlier government figures—and that its final (full commercial operation) has been pushed back to 2029, reflecting sustained problems with tunnelling, geology, and labour costs.
The claim rests on ABC News Australia's reporting of a named primary source, almost certainly a fresh cost-and-schedule disclosure from Snowy Hydro or the federal government, which owns the company. As a reputable secondary account of an official estimate, the substance is credible, though the exact figures are estimates subject to further revision and the scale of escalation is consistent with the project's history of repeated cost increases.
This is a current update on an ongoing cost and schedule blowout, not a recycled story, and it reflects freshly reported official figures.