Hydroelectric growth and plans boost Manitoba Hydro results
Manitoba Hydro reports 1989-90 earnings of 24.2 million with revenue of 664.1 million and expenses of 639.9 million. Hydropower output rose 22.6 percent to 18.7 billion kWh, export sales up 158 percent to 3.1 billion kWh. Peak demand hit 3,631 MW on December 20, 1989. A four point supply plan includes a 1000 MW sale to Ontario Hydro, 3000 MW of exchange agreements, a 100 MW demand side program by 2001, and life assurance for Brandon and Selkirk plants. Major projects Conawapa and Bipole III cost about 5.7 billion. Public hearings set for Aug and Sept 1990 in Winnipeg and Thompson.