The manager of Keppel Infrastructure Trust (KIT) has announced that following the outcomes of the arbitrations between Basslink and the State of Tasmania and Hydro Tasmania which were announced in December 2020, the arbitrator has finalised the legal costs outcomes in relation to the arbitrations.


See: KIT's Basslink to fork out A$38.5 mil in damages; A$31 mil in unpaid fees not recoverable


Basslink is required to pay the State of Tasmania A $7.2 million and interest of A$1.04 million, while for Hydro Tasmania, Basslink will be required to pay legal costs amounting to A$26 million for the two arbitrated disputes between the two parties.

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