Nalcor has provided a update on Muskrat Falls, but there is no change to the final price tag. It is still $12.7-billion, a number which has held firm for the past two years and which will not change much according to the corporation. The project is essentially built – now it’s a matter of getting the power to the Avalon Peninsula.

Commissioning of the problem-plagued turbines at Muskrat Falls has been pushed back a couple of months but Nalcor President and CEO Stan Marshall says parts have been ordered and he’s confident that they will resolve the issue. As for the GE software for the Labrador Island Link, Marshall says the project is built and he still expects to have power flowing by the end of the calendar year but, again, commissioning dates have been pushed back by a couple of months.

There are four generators at Muskrat and once you get one working, he says there’s no reason to think that there will be any problems with the others.

Nalcor now plans to keep Holyrood in the system for another year, until 2022.