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OPG Completes Darlington Nuclear Station Refurbishment Project Under Budget and Ahead of Schedule

LCG, February 2, 2026--Ontario Power Generation (OPG) announced today that construction on the four-unit Darlington Refurbishment project is now complete. Station staff are completing final testing, and the last unit is expected to return to service in the coming weeks. OPG stated that the overall project is currently four months ahead of schedule and $150 million under budget.

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NERC's New Annual Assessment Shows Rapid Demand Growth Increasing Resource Adequacy Risks Across North America

LCG, January 30, 2026--The North American Electric Reliability Corporation (NERC) yesterday issued its 2025 Long-Term Reliability Assessment (LTRA) and infographic that spotlight intensifying resource adequacy risks throughout the North American bulk power system (BPS) over the next 10 years.

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Industry News

Enron Looks for End to Dabhol Troubles

LCG, July 10, 2001The governments of many nations and some of the biggest banks in the world want to see an end to the dispute over Enron Corp.'s $2.9 billion Dabhol power project in the Indian state of Maharashtra, Enron chairman Kenneth Lay told reporters today.

"I think it's in everybody's best interest -- the government of India, the government of the U.S., the investors, the government of Japan -- we have many government financial entities involved in this project," Lay said.

Yesterday, Lay met separately with Indian Finance Minister Yashwant Sinha and Power Minister Suresh Prabhu. Today, he was to meet with the chief minister of Maharashtra.

He said yesterday's meeting with Sinha did not yield a solution to the brouhaha, a contentious battle with Maharashtra and its state-run utility over payments for power. "Obviously we didn't come to any conclusion today. We didn't expect to come to any conclusion today. It will take some more work," Lay said, adding "certainly we're very hopeful."

Dabhol's total debt is around $2 billion, with Indian lenders holding about $1.4 billion of the paper. Lay said some of the biggest banks in the U.S., Europe, Canada and Japan have portions of the remaining $600 million.

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