NGP receives grant money, starts Blue Mountain drilling

In Canada, Nevada Geothermal Power Inc. has the $57.9 million in federal grant money in hand and says that drilling is underway to optimize the Faulkner 1 plant. Ensign Drilling in contracted to complete three wells, two deep injector wells and one production well, which are designed to increase the Faulkner 1 plant output from the current level of 27MW to more than 40MW. The funding will also be used to pay down TCW debt and for general corporate purposes.