On 27 November 2020, TransGrid submitted an application to the AER to amend its revenue determination in accordance with clause 6A.8.2 and clause 11.114.3 of the NER to account for the costs of delivering the Victoria to New South Wales (NSW) Interconnector Minor Upgrade Project (VNI).

VNI is defined in the National Electricity Rules (NER) as a priority project for early implementation. The VNI is a joint TransGrid and Australian Energy Market Operator (AEMO) project, which increases the transfer capacity of the existing interconnector between Victoria and NSW by approximately 170 MW during peak demand conditions in NSW.

This application has been lodged in accordance with clause 5.16A.5 consistent with the new ISP provisions in the NER which have been introduced to action the ISP.

We invited energy consumers and other interested parties to make submissions on TransGrid's contingent project application by close of business 21 December 2020.