New reactors would have 'no significant environmental effects'
The environmental impact statement is "another key step towards the potential construction of Bruce C," stated the partnership, which includes Cameco Corp., TransCanada Corp. and the Ontario Municipal Employees Retirement System, along with the Power Workers' Union and the Society of Energy Professionals.
As currently envisaged, the development at the existing Bruce power site near Kincardine would provide 4,000 megawatts of electricity by about 2016 Bruce Power's findings are being submitted to a three-member review panel which will conduct its own analysis and public hearings, then make a recommendation to the federal cabinet.
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OPINION Rewiring Indian electricity
NEW DELHI - India's electricity industry is in a financial and political tangle.
Power producers sit on thousands of megawatts of underutilized plant, while consumers face frequent power cuts, both planned and unplanned.
Financially troubled generators struggle to escape insolvency proceedings. The state-owned banks that have mostly financed power utilities fear that debts of troubled utilities totaling 1.74 trillion rupees will soon go bad.
Aggressive bidding for supply contracts and slower-than-expected demand growth is the root cause. The problems are compounded by difficulties in securing coal and other fuels, high transmission losses, electricity theft and cash-starved distribution companies.
But India's 36 state and union…
