Plutonic Power & GE Submit $4B of Bids for Hydroelectric Projects
November 26, 2008
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Vancouver, Canada [RenewableEnergyWorld.com] Plutonic Power Corporation joined with GE Energy Financial Services in submitting two bids for hydroelectric power projects costing more than US $4 billion, which would be Canada's largest single private sector hydroelectric generation investment.
BC Hydro says it intends to award energy purchase agreements to winning bidders from April-June 2009.
Plutonic and GE's bid submissions are in response to BC Hydro’s Request for Proposals issued in June for 5,000 gigawatt-hours per year of seasonal and hourly firm energy to help make British Columbia electricity self-sufficient by 2016, and meet demand using 90 percent clean domestic generation sources. BC Hydro says it intends to award energy purchase agreements to winning bidders from April-June 2009. Bids were submitted for the following two projects: |
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