Project Marinus Nears Final Investment Decision
The Tasmanian Government has received the Project Marinus Whole-of-State Business Case following its finalisation by the Department of Treasury and Finance.
Deputy Premier and Treasurer Guy Barnett, said the Business Case provides a comprehensive assessment of the opportunities and challenges of the projects, covering economic, energy, financial and social impacts, and will now be subject to detailed government assessment.
“The Whole of State Business Case will inform the Government’s Final Investment Decision due at the end of July 2025,” the Deputy said.
“We’re taking a disciplined, evidence-based approach to this nationally significant project, and as I have previously committed, the Government will release the Whole of State Business case 30 days before our Final Investment Decision.”
Minister for Energy and Renewables, Nick Duigan, said Project Marinus is a once in a generation opportunity for Tasmania, one that promises to deliver long term benefits through job creation, renewable energy investment and economic growth, particularly in regional communities.
A final investment decision recommendation from the Boards of Marinus Link Pty Ltd and TasNetworks on Project Marinus is expected by the end of May, which will then be considered in the Tasmanian Government’s Final Investment Decision.
“We’ve always said this project must stack up for Tasmania before it proceeds. That’s why we’re moving through a careful, transparent process that ensures the decision we make is the right one for Tasmanians,” Minister Duigan said.
https://www.premier.tas.gov.au/latest-news/2025/may/next-step-towards-project-marinus-final-investment-decision