Nevada Geothermal Power Inc. (NGP) (CDNX:NGP.V; OTC BB:NGLPF.OB) announced today that it has received approval from United States Department of the Interior, Bureau of Land Management (BLM) for its Blue Mountain Geothermal Project plans.
NGP is now allowed to proceed with geothermal development.
"The EA approval represents a major step towards the completion of the Faulkner 1 geothermal power plant, clearing the way to obtain the balance of permits required for construction," stated Brian Fairbank, President & CEO.
Blue Mountain, located 30 kilometers (20 miles) west of the town of Winnemucca, Nevada, is ideally situated for development, according to NGP. The proposed Faulkner I geothermal plant will require a 20-mile long transmission line over relatively flat, undeveloped desert land to a connection point located on the Utility’s (Sierra Pacific) 120kV-transmission line north of Mill City, Nevada.
The electric power is to be sold under a 20-year Power Purchase Agreement to the Nevada Power Company for up to 35MW of geothermal power. Phase I at Blue Mountain is expected to commence power generation in late 2009.
The company says work begins with the construction of new well pads, access roads and temporary water wells for the purpose of drilling.
About Nevada Geothermal Power Inc.:
Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, efficient and sustainable. NGP is committed to the geothermal industry and currently owns a 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior, all located in Nevada and Crump Geyser in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of approximately 150 MW to over 200 MW from the current leaseholds.
Loading...