Ottawa pledges $71 million for Yukon power dam
Mr. Harper and Yukon Premier Dennis Fentie signed a contribution agreement for the Mayo B hydro power plant, a $160-million project that is expected to be complete by 2013. The federal government will contribute $71-million to the project.
The federal government says the addition of the new power plant at the Mayo dam will help the Yukon reduce its dependency on diesel fuel for electricity and cut greenhouse has emissions by 50% from current levels.
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Tunisia moves ahead with smart electricity grid
TUNIS - The Tunisian parliament has approved taking a $131.7 million loan from the French Development Agency for the implementation of a smart grid project.
Parliament passed legislation regarding the 400 million dinar ($131.7 million) loan plus a grant of $1.1 million.
The loan, to be repaid over 20 years with a grace period of up to 7 years, is part of the Tunisian government’s efforts to establish a strategy of energy switching aimed at reducing costs and enhancing operational efficiency.
The move to the smart grid had been postponed after the Tunisian Company of Electricity and Gas (STEG) announced in March 2017…
