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Southern Rural Water to auction 2,897 megalitres of seasonal allocation in Macalister Irrigation District
Southern Rural Water will auction 2,897 megalitres of seasonal allocation for Macalister Irrigation District from November 2024 to March 2025, supporting irrigators and funding network improvements through proceeds.
Southern Rural Water will sell 2,897 megalitres of seasonal allocation in the Macalister Irrigation District system via a series of online auctions starting in November and ending in March 2025. Managing Director Cameron FitzGerald is inviting Macalister Irrigation Area irrigators to take part in the auctions over the coming months.
Water savings from Macalister Irrigation District modernisation enabled the allocation sale, with proceeds funding network improvements
Macalister water auction
Mr FitzGerald said, "This is a fantastic opportunity for irrigators to augment their water supplies over summer and autumn. The allocation sale will be divided over six auctions, with a supplementary auction at the conclusion to make available any unsold volume from the previous allocation auctions."
This seasonal allocation will be available for use by river customers of the Macalister Irrigation Area through to 30 June 2025 and for channel/pipeline customers of the Macalister Irrigation Area through to 15 May 2025.
Southern Rural Water will auction 2,897 megalitres of Macalister Irrigation District seasonal allocation online, November 2024 - March 2025, via registered platform
Water allocation auction
These allocations will be sold as parcels of varying size via an online auction from 9am to 4pm, starting on Wednesday 27 November 2024, on the Southern Rural Water Exchange trading platform.
The seasonal allocation sale was made available from water savings achieved from modernising projects in the Macalister Irrigation District. Proceeds from this seasonal allocation sale will be used to reinvest in network improvements in the Macalister Irrigation Area. For more information, irrigators can visit Southern Rural Water sales and trading page or call 1300 139 510.
Pictures from Southern Rural Water website.
Source: http://gippsland.com/
Published by: news@gippsland.com
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