ABC News report today:

Hydro Tasmania says the approval of a $400 million wind farm in north-east Tasmania will be a big boost for the state-owned company.

The Premier, Lara Giddings, has announced the go ahead for the Musselroe Bay project which is set to create 200 jobs.

The company continues to search for a joint venture partner.

Hydro Tasmania chief executive, Roy Adair, says the wind farm will be able to power 50,000 homes.