Tag: infrastructure funding
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Snowy 2.0 cost blowouts force fresh funding push now
Overview: Snowy 2.0 cost blowouts push funding higher Snowy Hydro has disclosed that the Snowy 2.0 renewable energy project will require additional funding after cost overruns pushed the program beyond previous financial targets. The company has ordered the principal contractor, Future Generation Joint Venture (FGJV), to conduct a line‑by‑line reassessment of the project before any…
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Snowy 2.0 cost blowouts deepen funding challenge
Escalating costs push Snowy 2.0 beyond forecast Snowy Hydro has warned that the Snowy 2.0 renewable energy project will require additional funding as its price tag continues to spiral beyond earlier projections. The project, which began with a modest headline figure and has already swings between multi‑billion forecasts, is facing a fresh line‑by‑line reassessment before…
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US Billions Promised to NY and CA Slashed Amid Shutdown
Overview The United States is grappling with a partisan budget stalemate as a federal shutdown enters its second day, triggering a controversial move: the planned federal funding for two high-profile state priorities—New York’s transit expansion and California’s green-energy program—will be suspended. The announcements, viewed by critics as leverage in a political standoff, come despite years…
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Aganan Flyover in Pavia Iloilo Needs Additional P285M
Summary of the Aganan Flyover Update The Aganan Flyover project in Pavia, Iloilo faces a fresh funding hurdle as it moves toward completion. During a session of the Sangguniang Bayan (Municipal Council) on Monday, September 29, 2025, councilors pressed DPWH 6 for a clear status update on the project and its remaining requirements. The key…
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DA Audit Finds Ghost Farm-to-Market Roads in Mindanao
DA Audit Finds Ghost Farm-to-Market Roads in Mindanao The Department of Agriculture is expanding its audit of the farm-to-market roads (FMRs) program and has identified substandard and non-existent FMRs in two Mindanao provinces. The preliminary findings emerge as the department intensifies an anti corruption inquiry into how funds for rural infrastructure are managed and disbursed.…