It has seen delays in construction and disputes between its contractor and the government. Other than that, BC Hydro’s new transmission line is powering ahead.
Energy and Mines Minister Bill Bennett told reporters at the Meridian substation in Coquitlam on Friday the Interior-to-Lower Mainland project has finished construction.
“The ILM is one more project in the capital plan that’s investing $2.4 billion a year to upgrade and expand our electricity system to meet growing demand.”
The transmission line, which will bring power from the Peace and Columbia Rivers, had been budgeted for $725 million. The final price: $743 million.
But NDP critic Adrian Dix says the blowout is much bigger.
He says the 2011 budget, shows the transmission line was st to be completed in 2014, at a cost of $600 million.
Dix says that will affect households: “For Hydro’s president to suggest anything else is the case is completely wrong.”
Hydro CEO Jessica McDonald insists your bill won’t go up.
The utility says the original application does refer to 602 million dollars, but this it was a pre-construction planning estimate that did not include First Nations and environmental costs and provisions.
The project has been plagued with setbacks, disputes over a fixed-price contract, and concerns over contractor Flatiron-Graham’s environmental management.