05 April, 2018

Malcolm Turnbull puts AGL board on notice in power crisis

Prime Minister Malcolm Turnbull is targeting the board of energy giant AGL in his push to keep the Liddell coal-fired power station open, warning the company has a duty to consider a sale and prevent a looming east coast power shortage.
Malcolm Turnbull has stepped up the pressure AGL and its
 boss Andy Vesey to keep the ageing Liddell power station open
But the Prime Minister has signalled a compromise with the directors and their combative chief executive, Andy Vesey, telling Fairfax Media the company could avoid selling the plant to a competitors as long as it kept Liddell running “for a few more years”.


Read David Crowe’s story from The Age - “Malcolm Turnbull puts AGL board on notice in power crisis.”

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