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Australian government calls commission to investigate Snowy Hydro 2.0 cost blowout.
A Royal Commission is being called to investigate the massive cost blowout of Australia's Snowy Hydro 2.0 project, now estimated at $42 billion.
Critics describe the situation as deeply embarrassing and cite mismanagement, lack of transparency, and high interest charges.
The project, now 70% complete and slated for delivery by late 2028, is central to Australia's renewable energy goals.
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El gobierno australiano llama a la comisión para investigar la explosión de costos de Snowy Hydro 2.0.