“..The ill-fated power station – built in the 1970s but never used – was due to be shipped out to India and reassembled.
But engineering firm South Pacific Industrial and the power station’s new Indian multinational owners have fallen out over a $2.5 million asbestos removal bill.
The plant’s 200-tonne oil-fired generator was frozen by a court order weeks before it was due to be shipped.
Marsden B was purchased by Bangalore-based United Telecoms for $20.4m in 2009 – but a dispute with South Pacific Industrial over unpaid bills has interrupted the sale…”
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Marsden B | Power Plant’s Future Stuck On Northern… | Stuff.co.nz.
