AUCKLAND PROVINCE POWER
AGREEMENT WITH GOVERNMENT '• HALF BOARD’S CAPITAL COSTS.
By Telegraph.’—-Press Association. . > Auckland, Dec. 5..
An agreement has been reached between the Auckland Power Board and the Government concerning the supply of .power to the province consequent upon the. Arapuni failure. An annual payment will be m a de to the board by the Government calculated upon . the basis "of half the capital charged on the board’s power station. When Arapuni is recommissioned the board’s station will ceaee operation and will become a standby plant incorporated with the national system of supply. • When Arapuni failed the board decided to instal an additional 15,D1M) k.w. set, the cost of which will make the total capital sunk in the plant approximately £600,000. . The Government has agreed to find half the capital charges of this amount. i
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Bibliographic details
Taranaki Daily News, 6 December 1930, Page 9
Word Count
135AUCKLAND PROVINCE POWER Taranaki Daily News, 6 December 1930, Page 9
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