G-MW is currently releasing 12,000 Ml/day from Lake Eildon to create room for further inflows into the storage, which on July 3 was 97.3 per cent full.
A flow of about 12,700 Ml/day would lift the Goulburn River to minor flood level.
G-MW water storage services general manager Martina Cusack said the releases would be adjusted depending on further rainfall.
“The Bureau of Meteorology is predicting some rainfall around the Goulburn catchment in the coming days,” she said.
“Depending on the rainfall received and catchment response, it might mean we are required to increase releases from Lake Eildon.”
Releases are determined by various factors, including catchment conditions, storage levels, downstream impacts and rainfall forecasts from the Bureau of Meteorology.
“We are working with the SES and local councils to ensure landholders are aware of the potential for river levels to rise,” Ms Cusack said.
“We encourage landholders to consider what further river rises might mean for their property, livestock and infrastructure.”
During a flood event in Victoria, the Victorian State Emergency Service is the lead agency for the emergency. Flood warnings for rivers and streams are issued by the SES via the VicEmergency website: www.emergency.vic.gov.au
Landholders wanting assistance preparing can head to the SES website: www.ses.vic.gov.au/get-ready/your-local-flood-information
More information and the latest updates on Lake Eildon can be found at the G-MW website: www.gmwater.com.au/eildon-management