Proposed New Hydro Corporation Act to Finalize Legal Merger of Nalcor and NL Hydro
November 18, 2024
The Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology, today outlined a new proposed Newfoundland and Labrador Hydro Act for second reading in the House of Assembly to complete the legal merger of Nalcor Energy into Newfoundland and Labrador Hydro.
“The proposed act now reflects the way we have been operating for the past several years, as one Hydro – your crown utility. We continue to listen and serve the people of the province as we work to deliver safe, cost-conscious and reliable electricity for our customers. Continual improvement should be the goal of any organization, and NL Hydro has improved, we are different, and we are committed to meeting the expectations of those we serve.”
Jennifer Williams
President and CEO, Newfoundland and Labrador Hydro