Basslink’s interconnector to be offline until mid-October

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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.

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