Central BC clusters increase total development portfolio by 280 MW
VANCOUVER, Oct. 20 /CNW/ - Run of River Power Inc. ("ROR Power") (TSX-V:
ROR) announced today that it has successfully advanced 16 new run-of-river
hydroelectric power projects in central British Columbia. This is the result
of the completion of Stages 1 and 2 toward securing Water License and Crown
Land rights from the Integrated Land Management Bureau (Ministry of
Agriculture and Lands) and the Water Stewardship Division (Ministry of the
The power projects will be located in the upper Klinaklini and Mosley
watersheds, south of Tatla Lake area and approximately 220 km west of Williams
Lake on the Chilcotin Plateau of central British Columbia. The area falls
within the traditional territories of the Ulkatcho First Nation (Anahim Lake
Band) and the Nanwakolas Council.
The Klinaklini projects have design capacity estimated at 184 MW while
the Mosley cluster is estimated at 96 MW. The combined total output for these
projects is estimated to be in excess of 900 Gwh of green energy per year,
enough power to meet the energy needs of approximately 90,000 homes.
Chief Operating Officer for ROR Power, Brian Hansen, stated,
"Hydrological and base line environmental studies are set to commence. In
addition, local communities and First Nations will also be consulted prior to
seeking the necessary approvals to build these projects and related
Jako Krushnisky, President and CEO of ROR Power, commented, "We are
extremely pleased to be moving these projects forward with the formal
commencement of the First Nations referrals process with both the Ulkatcho
First Nation and the Nanwakolas Council. The referral process will involve
developing an impact and benefits agreement dealing on such matters as
long-term economic participation and employment initiatives for members of
their communities. These project clusters have similar attributes to existing
development initiatives in our run-of-river portfolio and are also in
proximity to our planned biomass opportunities, providing excellent potential
for increased infrastructure efficiencies."
About Run of River Power Inc.
Run of River Power Inc. (ROR Power) develops renewable, sustainable
energy through its portfolio of run-of-river and biomass projects in British
Columbia. The Corporation operates an Eco Logo(C) certified hydroelectric
power generation station at Brandywine Creek, near Whistler, B.C. which
generates cash flow under a long-term 20 year contract with BC Hydro. ROR
Power is currently developing strategically located hydroelectric projects,
totaling over 680 MW of non-firm capacity as well as two biomass projects
totaling 90 MW of base load capacity. With over 770 MW of renewable energy at
various stages of development, ROR is positioned to provide green, renewable
electricity to approximately 300,000 British Columbia homes, while meeting the
province's goals of energy self sufficiency and greenhouse gas reduction.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Jako Krushnisky, President and CEO, Run of
River Power Inc., Tel: (604) 946-9232, email@example.com; Vick Dusik,
Chief Financial Officer, Run of River Power Inc., Tel: (604) 946-9232,