HomeMediaIn the NewsLower Nicola Indian Band Development Corp. Will Own and Operate the New Kingsvale Electricity Transmission Line

Lower Nicola Indian Band Development Corp. Will Own and Operate the New Kingsvale Electricity Transmission Line

Published on Back To Index

Partnership with Trans Mountain and Valard Construction will create new economic opportunities

The Lower Nicola Indian Band Development Corporation (LNIBDC) is pleased to announce that it has entered into a partnership with Trans Mountain and Valard Construction LP (Valard) to build, own, operate and maintain the new 24-kilometre Kingsvale Electricity Transmission Line that will run through the Lower Nicola Indian Band’s traditional territory.

The 138-kV transmission line will connect from BC Hydro’s distribution line and provide additional power to Trans Mountain’s existing Kingsvale pump station, as well as a new Kingsvale pump station, as part of the Trans Mountain Expansion Project.

“This will be the first electricity transmission line to be constructed, majority-owned, operated, maintained and financed by an Indigenous group in Canada. This project will provide valuable economic benefits to the Lower Nicola Indian Band,” says Kevin Ainsworth, General Manager of LNIBDC.

LNIBDC holds a majority interest in partnership with Valard and has negotiated a 20-year contract with Trans Mountain Canada Inc. to construct the transmission line and interconnection to BC Hydro, as well as own, operate and maintain the line, with the potential of renewing the contract for an additional 20 years.

Read More at Valard.com

Recommended Posts

Back to index
In the News
Quanta Services Ranks #1 on EC&M’s 2020 Top 20 Electrical Contractor’s List

August 10, 2020 Every fall, the staff of EC&M unveils its highly anticipated Top 50 electrical contractors list...

Learn More
In the News
EnVision Podcast

June 6, 2020 Join Federal Energy Regulatory Commission Chairman Neil Chatterjee for the EnVision Podcast as he sits down with thought leaders...

Learn More
In the News
EEI Announces Finalists for 2020 Edison Award

May 29, 2020 The Edison Electric Institute (EEI) today announced the finalists for the 2020 Edison Award.

Learn More
Back to Top