Nevada Geothermal Power Inc.
Nevada Geothermal Power Inc.
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Blue Mountain, Nevada Pumpernickel, Nevada Black Warrior, Nevada Crump Geyser, Oregon

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Nevada Geothermal Power Inc. (NGP) owns a 100% interest in the Blue Mountain geothermal project located in Humboldt County, Northern Nevada. The property covers 10,984 acres (17.2 square miles), located 21 miles (34 km) from the state electrical transmission grid.

Ormat Technologies Inc. (NYSE: ORA) under a fixed-price, date-certain engineering, procurement and construction (EPC) contract to supply and construct the Phase 1 power plant at Blue Mountain is 95% complete.

NGP also has a 20-year Power Purchase Agreement for up to 49.5 MW gross of geothermal power at Blue Mountain with NV Energy (formerly Nevada Power Company).

The geothermal well field at Blue Mountain is progressing smoothly with production well drilling completed in March 2009.

The Blue Mountain nameplate capacity 49.5 MW power plant is on schedule and expected to be completed by fourth quarter 2009 putting NGP On the Road to Revenue.

"TURN ON THE POWER! 4th quarter of 2009"

Blue Mountain Highlights
  • 20-year power purchase agreement (PPA) with NV Energy
  • 21 mile, 120kV transmission line construction is complete
  • Large generation interconnection (LGIA) for up to 75 MW approved
  • Well field development ongoing
  • Ormat, under an engineering procurement contract, is three months early and expected to be online Fall 2009
  • Production drilling was completed March 2009

 
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