DBCT 7X Capacity Expansions - Outstanding Costs
The Dalrymple Bay Coal Terminal 7x expansion was commissioned by DBCT Management in two stages in 2008 and 2009 that resulted in an assessed terminal capacity of 85 million tonnes per annum (mtpa).
When the Authority approved the overwhelming costs of this expansion, in two separate decisions in December 2009 ($619 million) and September 2010 ($836 million), it was accepted that there were certain outstanding cost items that would need to be considered at a later date.
On 7 November 2011, DBCT Management submitted a draft amending access undertaking (DAAU) seeking approval to amend the regulated asset base, revenue and tariff based on $8.7 million in outstanding expenditures related to the 7x expansion.
On 7 November, the Authority published the DAAU and sought submissions from stakeholders by 5 December 2011. In doing so, the Authority advised that, in the absence of stakeholder submissions, it may proceed directly to a final decision.
The Authority has reviewed the DAAU and accepts the inclusion of the outstanding 7x expansion costs into the regulated asset base as reasonable. Given this, and in the absence of stakeholdersí submissions, on 15 December 2011, the Authority made a final decision to approve DBCT Managementís DAAU.
The Authorityís decision is available below. If you have any questions on this matter, please contact Ravi Prasad on 07 3222 0533.