Investing in Natural Resource Development

Transmission Line Provides Power for Industrial Development in Labrador West

The Honourable Tom Marshall, Premier of Newfoundland and Labrador, today announced that Newfoundland and Labrador Hydro has been directed to proceed with the construction of a third transmission line between Churchill Falls and Labrador West.

“Our government has no higher priority than to fuel the growth of opportunities and a region that is growing in industrial activity needs a secure supply of electrical power. Nearly three weeks ago, on the day that I was sworn in as Premier, I said the decision on a new power line for this region was imminent. Today, I am announcing that the decision is made and we will be moving forward with the construction of a third line to supply power from Churchill Falls to western Labrador.”
- The Honourable Tom Marshall, Premier of Newfoundland and Labrador

Construction of a third transmission line will help to supply power for planned new developments, such as the Kami Iron Ore Project, and improve reliability for all customers in the Labrador region.

“Today’s announcement reflects our government’s support for responsible natural resource development in the province, specifically for the mining industry in western Labrador. Construction of the third transmission line will meet power demands for new mining developments, attract investment into the region, and generate spin-off employment and business opportunities for the people of Labrador.”
- The Honourable Derrick Dalley, Minister of Natural Resources

As part of the decision, the Board of Commissioners of Public Utilities (PUB) will maintain its role to review the costs incurred by Newfoundland and Labrador Hydro, and to set rates for customers in the province. All planning, design and construction activities pertaining to the transmission line will be exempt from approval by the board.

“Our government is committed to continued advancement of the mining sector in Labrador. Planned new developments, such as the Kami Iron Ore Project, will deliver major economic benefits for Newfoundlanders and Labradorians.”
- The Honourable Nick McGrath, Minister Responsible for Labrador and Aboriginal Affairs

Through sound fiscal management and responsible decisions, the Government of Newfoundland and Labrador is strengthening the business environment, encouraging the development of innovative industries and building a vibrant economy.

QUICK FACTS

• The Provincial Government has directed Newfoundland and Labrador Hydro to proceed with the construction of a third transmission line between Churchill Falls and Labrador West.
• The construction of a third transmission line will help to supply power for planned new developments, such as the Kami Iron Ore Project, and improve reliability for all customers in the Labrador region.
• The PUB will review all costs incurred by Newfoundland and Labrador Hydro and set customer rates.
• All of the planning, design and construction activities pertaining to the transmission line will be exempt from review by the PUB.

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2014 02 13                                 3:05 p.m.