The Australian Energy Market Operator (AEMO) has opened the Registration of Interest (ROI) process to find a delivery partner for the Victoria to New South Wales Interconnector West Project (VNI West).
AEMO is seeking ROIs from parties interested in participating in a competitive procurement process to continue delivery of the project including ongoing development, construction and eventual operation of VNI West. This is an important first step in a multi-stage procurement process, ahead of the release of a tender to the Transmission Network Service Provider (TNSP) market to identify Australian or global organisations with the capability and capacity to deliver the Victorian component of VNI West.
AEMO has completed the regulatory investment process for the Victorian section of VNI West and has established the Transmission Company Victoria Pty Ltd (TCV) to progress planning and early works.
VNI West is a planned high capacity 500 kV double-circuit overhead transmission line between NSW and Victoria, connecting to the Western Renewables Link through a new terminal station near Bulgana. It will harness renewable energy in both states and maintain the reliability and security of electricity supply as coal-fired power stations retire and energy demand continues to grow.
AEMO's selected procurement approach is to find a Development Partner to work alongside TCV to continue to develop the project, assist with the completion of the early works, and to eventually construct, own and operate VNI West. This partner will bring new expertise, experience and resources, ensuring timely completion, community engagement and operational efficiency.
The ROI will include an interactive information period for eligible parties and will be followed by an Invitation to Tender (ITT) in September.
TCV will continue developing VNI West through the early works phase, including community, landholder and Traditional Owner engagement and the Environment Effects Statement (EES) process over the next 18 months. Before moving into construction, the intention is that TCV will be acquired by the selected partner.
TCV is applying for a Victorian electricity transmission licence from the Essential Services Commission (ESC) which will enable it to operate transmission infrastructure and transmit electricity in Victoria. If granted, TCV will hold the licence after being acquired by the new owner, subject to ESC conditions. AEMO has always intended to find a Transmission Network Service Provider to assist with development and eventually own and operate the VNI West project.
The ROI process will close on 8 August 2024. Qualified parties are invited to email the tender team on vniwtransmissionprocurement@aemo.com.au to confirm your eligibility to participate, and to learn more about the ROI process.
More information on VNI West and TCV is available at transmissionvictoria.com.au.