HYDRO-ELECTRIC POWER.
THE SOUTHLAND SCHEME. [Pf.r Press Association.] INVERCARGILL, June 13. j The Southland Power Board’s negotiations with the Government have resulted in Cabinet agreeing to grant £25.000 per month fur June, July and August, beyond which no moneys can be found. Tho board in the meantime is to press on negotiations for completion of a loan to carry out the Monowai hydro-electric scheme. The Government also approved of the modification of the original plans by which a. section of the scheme will be carried out, first at an approximate cost of £700.000. At a meeting to-day the board decided upon this course, provided the loan can he raised in London, and that the Minister will undertake to amend the Act. enabling the hoard to remit rates on property outside the reticulated area.
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Star (Christchurch), Issue 16452, 14 June 1921, Page 4
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133HYDRO-ELECTRIC POWER. Star (Christchurch), Issue 16452, 14 June 1921, Page 4
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