Full commissioning of Muskrat Falls will be delayed by about six months but that varies depending on the component of the project.
Nalcor will have a revised estimate of cost and schedule reflecting the impact of COVID-19 by the end of September. Commissioning is expected next year.
The Crown corporation gave the preliminary estimate today during a live webcast to release its second-quarter financial results.
After almost three months in care and maintenance mode, construction and commissioning on the project resumed in June with new protocols and guidelines in place to protect workers.
(Stan Marshall. File photo.)
An interim version of software to bring power from Muskrat Falls to the island via the Labrador Island Link (LIL) was delivered in July. Nalcor CEO Stan Marshall says testing is continuing.
On the generation side, the priority is getting unit number one ready for power. It should be producing within a month with unit two to follow in the fall.
For the six months ending June 30, Nalcor recorded a loss of $137-million compared to a profit of $119-million for the same period in 2019. The losses are mostly attributable to global reductions in the oil and gas sector. Oil dropped by $29 pbl for the period.
