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2007 Annual Business Development Report - Niagara Falls, Ontario ...

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<strong>2007</strong> <strong>Business</strong> <strong>Development</strong> <strong>Report</strong>34<strong>Ontario</strong> Power Generationhas contracted HatchEnergy, located indowntown <strong>Niagara</strong> <strong>Falls</strong>,and Strabag AG, a largeconstruction group withextensive experience inlarge tunnel construction,as the design-buildcontractors for the <strong>Niagara</strong>Tunnel Project.One ‘Powerful Tunnel’<strong>Ontario</strong> Power Generation’s<strong>Niagara</strong> Tunnel Project consistsof boring a 10.4 km long tunnel140 metres below the City of<strong>Niagara</strong> <strong>Falls</strong>. Once complete, thenew tunnel will help generateenough electricity to power morethan 160,000 homes each year.<strong>Ontario</strong> Power Generation<strong>Niagara</strong> Tunnel ProjectProgress continued to be made on <strong>Ontario</strong>Power Generation’s, Sir Adam Beck <strong>Niagara</strong>3 rd Tunnel Project in <strong>2007</strong>. Construction of the10.4 km tunnel under the City of <strong>Niagara</strong> <strong>Falls</strong>started in 2005 and will continue over the nextseveral years with an expected completiondate in 2010. Once complete, the new tunnelwill connect the Sir Adam Beck generatingstations to the upper <strong>Niagara</strong> River, southof Dufferin Islands and help create enoughhydroelectricity to power a city twice the sizeof <strong>Niagara</strong> <strong>Falls</strong>.The $985 million <strong>Niagara</strong> Tunnel Project isexpected to generate an additional 1.6 billionkilowatt hours of clean, reliable power —enough to meet the needs of 160,000 homesannually. During the multi-year buildingperiod, the project will create approximately230 full-time construction jobs, most in skilledtrades and will reach 350 jobs at the project’speak.www.opg.com/power/hydro/new_projects/ntp/ntp_overview.asp

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