The Australian federal and New South Wales governments will not be selling their shares in Snowy Hydro Limited (the owner and operator of the Snowy Mountains Hydro-Electric Scheme ). Snowy Hydro Limited's major shareholder is the NSW government with a 58 percent shareholding. The Victorian government owns 29 percent and the federal government has a 13 percent stake. The proposed sale has attracted immense criticism by those who believed that the sale would affect the environment and water supplies along the Snowy River , this was reinforced yesterday when 58 eminent Australians presented a petition to the government opposing the sale. Victoria is yet to announce whether or not it will be withdrawing its shares from sale. 
The Australian federal and New South Wales governments will not be selling their shares in Snowy Hydro Limited (the owner and operator of the ). Snowy Hydro Limited's major shareholder is the NSW government with a 58 percent shareholding. The Victorian government owns 29 percent and the federal government has a 13 percent stake. The proposed sale has attracted immense criticism by those who believed that the sale would affect the environment and water supplies along the , this was reinforced yesterday when 58 eminent Australians presented a petition to the government opposing the sale. Victoria is yet to announce whether or not it will be withdrawing its shares from sale. Sister links
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Snowy Mountains Hydro-Electric Scheme
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Snowy River
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Sister links