Lekstrom Says Power Line a Go With or Without Private Sector Contributions
By 250 News
Wednesday, September 16, 2009 03:39 PM
Prince George, B.C. – The Provincial Minister of Energy Mines and Petroleum Resources, Blair Lekstrom, won’t say exactly how much the B.C. government is going to put towards the construction of the Highway 37 Transmission Line.
“We have said that if we got a commitment from the Federal Government the line would proceed. We have that commitment so the line will go ahead.”
Lekstrom told Opinion 250 the province still plans to talk with private investors to see if they will contribute to the estimated $404 million dollar cost of the line. Those talks will include several independent power producers who had their own business plans, but no access to the B.C. Hydro grid to sell the power they produce. The construction of the line will change that.
Originally, the Province had agreed to put in $250 million dollars and the balance would have to be paid by the private sector.
Lekstrom says he will share the Federal Government’s optimism that the construction of the line can start next spring, but says with or without support from the private sector, the line is going ahead “We said we were going to do it if the Federal Government made a commitment, so what I’m telling you is, this project is a go.”
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