Highlights 2008–09
Achieved a record revenue result of $670.4 million – 23.9% increase on the previous year.
Maintained triple certification against Australian standards for quality, health and safety and environmental management systems.
Secured options to access gas for future generation projects through the Gas Development Alliance Agreement and equity investment in Blue Energy Limited and the farm-in agreement with Icon Energy Limited.
Undertook a major overhaul of Stanwell Power Station’s Unit 2, including upgrading the low pressure turbine and generator to deliver a 2.25% improvement in efficiency and completing more than 6,700 maintenance tasks over 59 days.
Achieved an average plant availability of 94.53% across all operating sites – 2.6% above budget.
Recorded no Level 4 or 5 environmental incidents for the third consecutive year.
Interim Report
For the six months ending 31 December 2009