Cogen and pellet plant joint venture signed

September 09, 2009
Sep. 9, 2009, Vancouver - Biomass Secure Power and the Lower Nicola Indian Band (LNIB) have signed an agreement to build a biomass-fueled cogeneration power plant and a pellet mill in British Columbia. The joint venture will be developed under the name of Shulus Power, with each party owning 50% of the project. LNIB will provide the fibre and 25 acres on which the plant will be built. Biomass Secure Power will provide the engineering expertise to design, build, and operate the plant. Construction of the plant is expected to be completed by December 2010.

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