AGREEMENT REACHED
Reserve Power Supply AUCKLAND BOARD & STATE By Telegraph—Press Association. Auckland, December 5. Agreement has been reached between the Auckland Power Board and the Government concerning the supply of power to the provipce, consequent upon the failure of Arapuni. The annual payment to be made to the board by the Government is calculated upon the basis of half the. capital charges on the board’s power station. When Arapuni is recommissioned the board’s station will cease to operate and will become a stand-by plant incorporated with the national system of supply. When the Arapuni scheme failed, the board decided to install an additional 15,000 k.w. set, the cost of which will make the total capital sunk in the plant approximately £600,000. The Government has now agreed, to find half the capital charges of this amount.
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Bibliographic details
Dominion, Volume 24, Issue 62, 6 December 1930, Page 11
Word Count
135AGREEMENT REACHED Dominion, Volume 24, Issue 62, 6 December 1930, Page 11
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