Plutonic Power Corp. plans to begin construction in mid-year on its 196-MW East Toba River and Montrose Creek hydroelectric project, with receipt May 18 of the final Canadian government approvals for the project.
Fisheries and Oceans Canada, Indian and Northern Affairs Canada, and Transport Canada approved an environmental screening report for the British Columbia project, clearing the way for construction and operating permits to be issued.
�The positive decision from these federal authorities allows us to begin construction on the East Toba/Montrose project this summer,� Plutonic Power President Donald McInnes said.
The 123-MW East Toba River and 73-MW Montrose Creek developments will be built on in the Toba River Valley 150 kilometers north of Powell River, B.C. A 145-kilometer transmission line will connect the plants to the transmission grid of BC Hydro, which will buy the project’s electricity. Capital costs could total C$550 million (US$491 million), including owner costs and interest.
British Columbia’s Environmental Assessment Office previously issued an environmental assessment certificate for the project, concluding more than two years of field work, analysis, and community and government consultation. (HNN 4/27/07)
In April, Plutonic Power said it is developing three additional hydro projects, totaling 116 MW, near the headwaters of Toba Inlet: 28-MW Dalgleish Creek, 48-MW Jimmie Creek, and 40-MW Upper Toba River.