GE strikes service deal for Romanian reactor
ROMANIA - General Electric and Nuclearelectrica forged a services agreement worth $146 million for the Cernavoda nuclear power plant in Romania.
The eight-year contract includes full maintenance and repair work for the GE steam turbine generators and auxiliary equipment at the plant.
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Manitoba looking to raise electricity rates 2.5 per cent each year for 3 years
WINNIPEG - The Manitoba government is planning to raise electricity rates by 2.5 per cent a year over the next three years.
Finance Minister Scott Fielding says the increases, to be presented in a bill before the legislature, are the lowest in a decade and will help keep rates among the lowest in Canada.
Crown-owned Manitoba Hydro had asked for a 3.5 per cent increase this year to help pay off billions of dollars in debt.
“The way we figured this out, we looked at the rate increases that were approved by PUB (Public Utilities Board) over the last ten years, (and) we…
