Nalcor is awaiting a response from the Nunatsiavut Government on $10-million offered in lieu of wetlands capping.

Nalcor says it was determined that capping wetlands in the impoundment area would have little to no effect on methylmercury mitigation and the money set aside for the work—$30-million—was split evenly among the region’s three Indigenous groups.

Nunatsiavut has not responded, calling the offer “hush money.”

CEO Stan Marshall says that money, intended for health and community programs, remains on the table.

He says the offer has not been formally declined.

Project Cost Remains Unchanged

Cost estimates for the Muskrat Falls project remain unchanged.

That’s according to Nalcor officials who provided a second quarter financial update on operations yesterday.

The cost of Muskrat Falls doubled to $12.7-billion from sanction, but CEO Stan Marshall says that number has not changed since 2017.