Tasmanian Irrigation is a state-owned company funded by a combination of public and private investment. Its primary aim is to develop and enhance productive capacity in Tasmania's agricultural industry.
Public funding is provided by the Tasmanian and Australian governments. Private investment is made through tradable water entitlement purchases. Operating costs and asset renewals will be funded through annual charges levied on water entitlement holders, and will not require additional subsidies.
In 2013-14, Tasmanian Irrigation delivered 16,000 ML of water - 3,000 less than in the previous year, reflecting a wetter season in 2013-14.493 There are currently 11 irrigation schemes operated by Tasmanian Irrigation across the state, operating with 115 GL of water entitlements. A further three schemes are under construction, representing more than 11.5 GL of water entitlements. Five more schemes have been identified and $60 million of federal funding has been announced, representing a potential 40 GL of water entitlements.
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493. Tasmanian Irrigation (2014)