Queensland Hydro is holding information sessions on the proposed $14.2 billion dollar electricity generation project at Borumba Dam near Imbil.
The State Government recently announced $6 billion in funding for the 2,000 MW Pumped Hydro Project.
This will allow Queensland Hydro to undertake exploratory works, environmental studies and construction, subject to approvals.
This funding will allow Queensland Hydro to progress with exploratory works, the environmental impact assessment and detailed engineering.
It will also support construction, subject to the project receiving all necessary approvals.
The investment decision has been informed by engineering, environmental, social, and recreation studies carried out during the detailed design and cost analysis phase.
Queensland Hydro delivered the Detailed Analytical Report (DAR) to the Queensland Government in March 2023.
The existing lower reservoir (Lake Borumba) will be expanded with a new dam wall, and a second reservoir will be constructed at a higher altitude. An underground powerhouse will link the two reservoirs together.
When electricity is required, water will be released from the upper reservoir through the underground turbines to the lower reservoir.
Pending successful planning and environmental approvals, the project is expected to be producing power by 2030.
Community information sessions have already been held in Gympie, Imbil, Kilcoy and Nanango…today they’ll be in Nambour and tomorrow at Cooroy.
Queensland Hydro CEO, Kieran Cusack said it’s a chance understand more about the project and its next stages.
