Snowy Hydro has named the firms appointed as preferred tenderers for the Snowy 2.0 project, following 18 months of extensive competitive tender processes.

Future Generation, a partnership between Australian construction and engineering company, Clough, and global hydropower and tunnelling specialists, Salini Impregilo is the preferred tenderer for the civil works. Voith Hydro has been named as the preferred electrical and mechanical tenderer, while Australian company Leed Engineering has also been awarded the contract for exploratory works pre-construction activities

Contracts are currently being finalised, with contract execution subject to Shareholder approval of the project.

Snowy 2.0 is a major pumped storage scheme that will link the two existing Snowy Scheme dams, Tantangara and Talbingo, through underground tunnels and an underground power station.