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United states : Crown-owned Waneta Expansion hydroelectric project is given red light.
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November 5, 2009
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COPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: shiv03
The Waneta Expansion hydroelectric project in the B.C. Interior near the U.S. border has been halted by the provincial government's Columbia Power Corp. and Columbia Basin Trust.
The project had been intended to create a second powerhouse adjacent to the existing Waneta Dam on the Pend d'Oreille River south of Trail, where Teck Resources (TSX:TCK.B) has a major zinc smelter and refinery.
B.C. bought the Waneta Expansion rights from Teck Resources in 1994 and later transferred them to Columbia Power Corp., a Crown corporation with a ...
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