Cotton, Water managment

Water buyout: Lakes ready for rework

30 June 2017

PETER HUNT, The Weekly Times
June 30, 2017 12:00am
IRRIGATORS are cashing out of the Lower Darling as the Federal and NSW Governments prepare to reconfigure the Menindee Lakes to recover 100-150 gigalitres of water savings for the Murray-Darling Basin Plan.

Reconfiguring the lakes means finding alternative supplies for Broken Hill residents and buying out Lower Darling irrigators, who rely on the shallow lake system.

The NSW Government has already committed up to $500 million to build a pipeline north from Wentworth to supply Broken Hill with Murray River water.

Last week the Federal Government paid the Murray Darling Basin’s biggest water-holder — Webster Ltd — $78 million for 21.9GL of Lower Darling water entitlement. The deal equates to an average $3561 for almost 20GL of general and about 2GL of high-security Lower Darling water entitlements.

 

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