ASX AND MEDIA
ANNOUNCEMENT
3 August
2009
AVIVA WELCOMES State
government SUPPORT FOR critical 330Kv transmission line
Integrated energy developer Aviva Corporation Limited
(ASX:AVA, BSE:AVIVA) today welcomed the State Government’s announcement
to support construction of Stage 1 of the 330kV transmission line from Perth
to Geraldton.
Aviva CEO Lindsay Reed said the transmission line was
of critical importance for the future development of the Mid West region.
Energy is a key requirement for many of the major
resource projects planned in the region and for the deep water port at Oakajee,
he said.
Aviva and global power company
AES Corporation are jointly developing the Coolimba Power Project, a 400-450MW
base load coal-fired power station near Eneabba in the Mid West, with an
additional 360MW of gas-fired generation.
A formal Government review of the power line proposed
that the line initially extend from Pinjar to Eneabba to encourage progress at six
prospective wind farms and a major new power station. A condition of Government
funding for the project will be adequate progress of proposed projects that
rely on access to the network.
Mr Reed said the construction of the 330kV line
between Perth and
Eneabba will also greatly enhance power supply security for all customers in
the Mid West and the SWIS.
Today’s announcement gives the assurance needed
to progress planning and funding activities to have Coolimba supplying much
needed power to the WA energy grid by 2014.
Mr Reed said the timely provision of transmission
infrastructure was fundamental to new energy generation being developed in WA,
within a competitive power generation sector, involving private sector
projects.
CONTACTS:
Issued by:
Lindsay
Reed
Amanda Reid
Aviva
Purple Communications
Chief
Executive Officer
Tel: +61 (0)
8 6314 6300
Tel: +61 (0) 8
9367
2344
Mob: 0424 839 062
ABOUT AVIVA
Aviva is an integrated energy company listed on the
Australian Stock Exchange (ASX:AVA) and the Botswana Stock Exchange with its
head office in Perth.
The company is growing a portfolio of integrated energy assets. Aviva’s
most advanced asset is the Coolimba Power project in Western
Australia.
Coolimba Power is a 400MW base load power station in
the Mid West. The project is conveniently located in the northern half of the
SWIS power grid to take advantage of demand growth both in the SWIS and from
new resource projects in the Mid West Region. The location has the advantage of
low cost fuel, available water, adjacent infrastructure, existing mining lease
and freehold land.
Please visit: www.avivacorp.com.au or www.coolimbapower.com.au
About AES
The AES Corporation (NYSE: AES) is a global power
company with generation and distribution businesses. Through their diverse
portfolio of thermal and renewable fuel sources, they provide affordable and
sustainable energy in 29 countries on five continents. Their workforce of
25,000 people is committed to operational excellence and meeting the world's
changing power needs.
Their 2008 revenues were $16billion and they own and
manage more than $35billion in total assets. The diversity of their portfolio ?
across fuel source, market, geography ? helps reduce the risk from changes in
commodity and currency prices, weather and regulatory framework. To learn more,
please visit www.aes.com.
Capacity by Geography/Category 2
