Bonneville Power Administration will spend about $2 billion in federal stimulus dollars to upgrade aging infrastructure at hydropower projects, enhance power transmission lines and restore fish populations, BPA announced.
BPA has identified up to $2 billion in major projects for which it will use Recovery Act funds and to date has spent $174.4 million on these projects, which will enhance transmission and hydro system infrastructure, create hundreds of new jobs, implement energy efficiency and construct fish hatcheries, BPA reported.
The projects identified for Recovery Act funding are being developed now or scheduled to be initiated or undergo environmental review in the next two years. The Act increased the amount of money BPA can borrow from the U.S. Treasury. BPA must repay the money to the U.S. Treasury with interest.
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