Tamar Hydro is one of Tasmania’s advanced manufacturing success stories.
The Government welcomes today’s announcement that Genco Energy has secured a $300 million contract for hydro developments in Indonesia. Tamar Hydro is part of the Genco Energy alliance and around $45 million of the work will be undertaken in Tasmania, which will see 20 new jobs created in the north.
The new contract will see turbines built in Tasmania and exported to Indonesia.
Increased confidence in Tasmania’s economic direction has led Tamar Hydro to invest and increase its capabilities. That investment is well and truly paying off.
Over the last three years Tamar Hydro has steadily grown its business and today’s announcement is the icing on the cake.
The 20 new jobs this announcement will create is a shot in the arm for the economy. Tamar Hydro’s strategic alliance will provide further opportunities to undertake projects and to showcase Tasmania’s expertise in hydro energy generation.
Advanced manufacturing is one of Tasmania’s competitive strengths and the Government is supporting the sector by helping train and retain skilled staff and also through initiatives like buying locally produced buses for Metro’s fleet.