Property

Landowners hold up hydro plan

TrustPower's ambitions to build more electricity generation in Marlborough are facing significant hurdles but the company remains optimistic about its plans.

Thursday, November 18th 2004

About 40 per cent of the 60-odd landowners from which it requires consent for its Wairau River hydroelectricity project remain opposed to the scheme, which would generate 415 gigawatt hours (GWh) of electricity annually.

Meanwhile, monitoring of a promising Seddon wind farm site the Tauranga-based company hoped could produce 270GWh of energy has shown it might not be as suitable for development as first thought.

TrustPower first announced plans for the $240 million canal-based hydroelectricity scheme last year and started seriously negotiating easement agreements with landowners in April this year.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 3.95
SBS FirstHome Combo 3.99
TSB Special 4.39
ICBC 4.39
BNZ - Std 4.49
SBS Bank Special 4.49
Co-operative Bank - First Home Special 4.49
Unity Special 4.49
Kiwibank Special 4.49
ASB Bank 4.59
ANZ Special 4.59
ICBC 4.59
Nelson Building Society 4.87
BNZ - Std 4.89
Kiwibank Special 4.89
Unity Special 4.89
TSB Special 4.89
SBS Bank Special 4.89
Kainga Ora 4.95
ASB Bank 4.95
China Construction Bank 4.95
AIA - Go Home Loans 4.95
ICBC 5.19
Westpac Special 5.59
TSB Special 5.69
ASB Bank 5.69
BNZ - Std 5.69
Kainga Ora 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
Kiwibank Special 5.79
Co-operative Bank - Owner Occ 5.89
China Construction Bank 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank 5.75
Unity Standard 5.79

More Stories

Thursday, February 19th 2026

RBNZ expects slower house price growth in the current recovery

The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.