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KIT's Basslink 'strongly denies' allegations of breaches by state of Tasmania

Published Mon, Mar 26, 2018 · 09:50 PM
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Singapore

KEPPEL Infrastructure Trust (KIT) on Monday said its unit Basslink - which runs an undersea electricity cable in Australia's Tasmania - has received a notice of dispute from the state of Tasmania over a cable failure in December 2015.

The state of Tasmania alleged that it has suffered various losses and that Basslink must indemnify it for those losses amounting to over A$100 million (S$101 million). Basslink said it "strongly denies" the allegations set out in the notice, and denies that it is liable for any such losses.

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