Welcome to Trustpower. The browser that you are currently using is not supported by this site. For best results please upgrade your browser.
Retrieving Data

Note 32

For The Year Ended 31 March 2012

COMMITMENTS

GROUP PARENT
2012 2011 2012 2011
    $000 $000 $000 $000
Capital Commitments 8,041 750 8,041 750
         

The capital commitments include construction contracts relating to the construction of the Esk Valley Hydro scheme in Hawke’s Bay as well as existing scheme enhancements.

Electricity Purchase Commitments

The Parent has a long term contract with Mighty River Power Limited to purchase the output from the Rotokawa geothermal power station until 31 March 2013. This commitment cannot be quantified.

The Parent has a contract with Pioneer Generation Limited to purchase all of the output from its various generation sites. This commitment cannot be quantified.