The President of NB Power says delays in refurbishing the Point Lepreau generating station will not hurt the crown corporations reputation. The refit is currently running 16 months behind schedule, which is costing the province one million dollars a day to purchase replacement power. President, David Hay says this is a learning experience.
Meanwhile, Hay says the refit will extend the life of the Generating Station by longer than initially thought. He says officials with Atomic Energy of Canada Ltd believe the refurbishment will keep Point Lepreau online for another 30 years, rather than the 25 years that was expected.
