HALIFAX – The CEO of Nova Scotia utility company Emera (TSX:EMA) says the $7.7-billion Muskrat Falls hydroelectric project is on track to produce first power in 2017 as planned.
Chris Huskilson says the Maritime Link project is also on time and he’s confident power will be coming to Nova Scotia from western Newfoundland by the original goal of 2017.
Huskilson’s comments come after the CEO of Nalcor Energy, the Crown company in Newfoundland and Labrador that’s building Muskrat Falls, said last month that hopes of generating first power in 2017 were in question.
Huskilson was speaking Monday at a meeting of the Atlantic Provinces Economic Council in Halifax, where he touted the major project as an economic driver for the region, with opportunities to sell power to the Unites States.
Construction has started on the project, which will include a 170-kilometre subsea cable that links Cape Breton with southwestern Newfoundland.
Emera estimates that the construction of the Maritime Link will create an average of 300 jobs per year during the construction period in both provinces, with peak activity in 2016.
© The Canadian Press, 2014