Basslink identified a failure in its low voltage cable believed to have caused the direct current protection system to trip on Saturday, taking the interconnector offline until mid-October, the company, which is part of Keppel Infrastructure Trust’s portfolio, said Monday.
The identified failure is at an above-ground section of the low voltage cable in the transition station in Gifford, Victoria, the Australia-based company said in a filing to SGX.
Basslink said it is preparing a repair plan and has proposed further testing to better pinpoint a return-to-service date.
So far, the outage has only affected the electricity interconnector with the telecom cable, which provides broadband services to internet service providers, continuing to operate, Basslink said.
In a separate statement filed to SGX, Keppel Infrastructure Trust said the development wasn’t expected to have a material financial impact on the net tangible asset per unit and distribution per unit for the current financial year.
While you’re here, we’re hoping you can help us out.
Shenton Wire has been providing you with quick news and market analysis. But we need your support to continue to bring you the news you’ve come to expect and to expand our reach beyond Singapore.
Your monthly contribution will directly fund our journalism.
You can check your existing account here. You can also contact us about other contribution levels or for corporate subscriptions and syndication queries.
Or you can contribute via PayPal: