SNC-Lavalin to build Alaska power plant
The contract, estimated by an analyst to add around US $180-million to SNC's backlog of work, was awarded by Chugach Electric Association, Alaska's largest electric utility. The natural gas-fired plant will be built in Anchorage.
The project represents about 19 of SNC's power-project backlog as of the first quarter of this year, said NCP Northland Capital Partners analyst Maxim Sytchev. He expects the power division to contribute 15 of SNC's revenues and operating income this year.
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Nuclear alert investigation won't be long and drawn out, minister says
TORONTO - An investigation into a mistaken alert warning of an incident at the Pickering Nuclear Generating Station will be completed fairly quickly, Ontario's solicitor general said.
Sylvia Jones tapped the chief of Emergency Management Ontario to investigate how the alert warning of an unspecified problem at the facility was sent in error to cellphones, radios and TVs across the province at about 7:30 a.m. Sunday.
"It's very important for me, for the people of Ontario, to know exactly what happened on Sunday morning," said Jones. "Having said that, I do not anticipate this is going to be a long, drawn-out investigation.…
