Oireachtas Joint and Select Committees

Friday, 22 January 2021

Public Accounts Committee

2019 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 29 - Communications, Climate Action and Environment

1:00 pm

Mr. Mark Griffin:

The cost provided for at contract signing was €2.977 billion. That included subsidies and VAT. There was subsequently a Revenue decision which knocked €270 million off the VAT bill, so the overall cost has moved to €2.7 billion. Based on our engagement with NBI, with which we have extensive governance arrangements in place, there are no indications yet of cost increases for the project.

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