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BC Hydro offers to buy Canadian Hydro power

Canadian hydro developers has announced that BC Hydro has offered to purchase all the power generated from the 30MW Pingston hydro plant located in southeastern British Columbia, a project being jointly developed with Brascan Power.

BC Hydro may also buy power generated from the proposed 25MW Upper Mamquam project.

The 20-year contracts fall under BC Hydro’s Green Energy Projects programme where the company has committed to meeting 10% of new load growth, to 2010, from green energy sources.