Cowell Electric awarded grant for new equipment
A grant of almost $173,000 has been awarded to Cowell Electric from the Enterprise Zone Fund Upper Spencer Gulf and Outback to help the business service the growing mining, oil and gas industries.
The funding win supports Cowell Electric in its purchase of new equipment to construct high voltage lines in Upper Spencer Gulf (covering the areas between Whyalla, Port Augusta and Port Pirie), Eyre Peninsula and the Outback of SA.
Minister for Regional Development, Gail Gago, said that the company's new equipment would position them to successfully bid for projects on a competitive and ongoing basis, and build local capacity to support economic development and jobs growth.
"Cowell Electric is a highly successful regional company that has grown both in turnover and employee numbers on the back of the mining boom," Ms Gago said.
"It has recently been successful in tendering to install a 275kV high voltage power line for the Snowtown Wind Farm, with work due to commence shortly.
"The project is consistent with the State Government's Mining Benefits for All priority, while advancing our renewal energy goals."
Cowell Electric spokesperson Sue Chase said that the grant money was a vote of confidence in regional industry from the State Government.
"This grant money will go towards the Tension Stringing Equipment in order to promptly commence the Snowtown Windfarm project.
"This equipment increases our capability to undertake powerline construction projects that require tension stringing - a capability we have not previously had.
"It means the company is in a strong position for the foreseeable future in our ability to confidently tender for large industrial and mining projects, such as those anticipated in the next six years in the Upper Spencer Gulf, Eyre Peninsula, and the Outback, that will require high
voltage power transmission."
The Enterprise Zone Fund Upper Spencer Gulf and Outback is a $4 million fund, available over four years. The Fund is aimed at capturing the benefits of growing industries to further strengthen Upper Spencer Gulf and Outback communities.
For more information go to: www.pir.sa.gov.au/regions/programs/ezf