Oireachtas Joint and Select Committees

Wednesday, 10 July 2019

Joint Oireachtas Committee on Communications, Climate Action and Environment

ESB Networks: Discussion (Resumed)

Mr. Paddy Hayes:

If we look at the evolution of the company in the round, the retirement of legacy equipment and the building of new equipment, such as the switch gear that Ms Quane was speaking about earlier, that was a major capital replacement programme. That switch gear replacement cost is of the order of €100 million and so that process did not start today or yesterday. The capital approval was in-----