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AAP
AAP
Environment
Will Nicholas

UNCOVERED: Snowy 2 0 could cost 12 times more than first planned | History Defined

Snowy Hydro 2.0 is expected to be completed by 2029 with a price tag of up to $25 billion. (Lukas Coch/AAP PHOTOS)

A cost explosion of about $20 billion hasn't dampened the government's tunnel vision for building Australia's largest renewable energy project.

Snowy 2.0, which will add to the Snowy Mountains hydro-electric scheme, may now cost up to $25 billion, having been priced at $2 billion when proposed in 2017, according to a reassessment.

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