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Home News

Marinus Link inks landmark $994 million contract

by Tom Parker
December 19, 2025
in Company news, Electricity, News, Powerlines, Projects, Renewable Energy
Reading Time: 2 mins read
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Marinus Link contract

Image: Marinus Link

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TasVic Greenlink (TVGL) has been awarded the last major contract for Stage 1 of Marinus Link, with a $994 million deal to support key cable and convertor technology for the project.

TVGL – a joint venture (JV) between DT Infrastructure and Samsung C&T Corporation – will build converter stations in Heybridge, Tasmania and Hazelwood, Victoria and carry out land cable civil works spanning 90km across Gippsland in Victoria.

Marinus Link chief executive officer (CEO) Stephanie McGregor said this was the last of three key contracts needed to be signed.

“We have secured both our cable and converter technology suppliers, our integrated delivery partner, and now our lead contractor for the substantial civils and construction campaign,” she said.

“Recently, we ran our Meet the Contractors events where around 1000 local businesses attended to explore and compete for supply chain opportunities across Gippsland, Victoria and North West Tasmania.

“Partnering with capable local businesses will complete our workforce and ensure the successful delivery of this national infrastructure project.”

TVGL was selected as the preferred bidder for the balance of works contract in September, something which DTI CEO John Anderson said would be transformational for the JV.

“Today marks a significant moment for DTI, together with our partner Samsung C&T, we are committing to deliver a truly once-in-a-generation project for the regions of north-west Tasmania and Gippsland,” he said.

Following final environmental approvals, preparatory works on the Waratah Bay and Heybridge shore crossings will commence in early 2026, with Marinus Link to be proactive in communicating developments with communities.

“Our Marinus Link teams, alongside TVGL, will be out and about early next year to provide detailed information about construction activities and expected timelines,” she said.

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