Hydro-Quebec Distribution Issues Call for Tenders for 2,000 MW of Wind Power

Oct 31, 2005, 00:00 ET from HYDRO-QUEBEC

    MONTREAL, Oct. 31 /PRNewswire/ - Hydro-Quebec Distribution is issuing a
 call for tenders today for the purchase of 2,000 MW of wind power generated in
 Quebec to meet the long-term electricity needs of Quebec customers.
     Deliveries must begin between December 1, 2009 and December 1, 2013. The
 quantities of power required are distributed over time as follows:
     - 300 MW starting on December 1, 2009;
     - 400 MW starting on December 1, 2010;
     - 400 MW starting on December 1, 2011;
     - 450 MW starting on December 1, 2012;
     - 450 MW starting on December 1, 2013.
     A bid may deal with all or a portion of an annual requested quantity. The
 terms of the contracts may vary between fifteen and twenty-five years and are
 subject to approval by the Regie de l'energie.
     Projects must have the following Quebec and regional content:
     - a minimum of 60% of the total cost of each wind farm must be incurred
       in Quebec;
     - a minimum of 30% of all wind turbine costs must be incurred in a region
       defined as the regional county municipality of Matane and the
       administrative region of Gaspesie-Iles-de-la-Madeleine.
     In addition, projects that contribute to the development and
 participation of local communities an Native communities will be encouraged.
     Including today's call for tenders for 2,000 MW, Quebec should have a
 total installed wind power capacity of nearly 3,500 MW by 2014. Together,
 these wind power projects represent capital investments of approximately $5
 billion in Quebec.
     Here are a few important dates from the call for tenders timetable:
     - Pre-bid conference dates for potential bidders:
            - Pre-bid conference in French: January 26, 2006
            - Pre-bid conference in English: January 27, 2006
     - Deadline for the submission of bids:
            - April 17, 2007
     Hydro-Quebec Distribution has mandated Deloitte Inc. to assist with the
 call for tenders process and to act as its official representative.
     The Bid Document, the Pre-Bid Conference Registration Form, the Call for
 Tenders Registration Form and the Bid Form are available on Hydro-Quebec
 Distribution's Web site:
     Hydro-Quebec is a major producer, transmission provider and distributor
 of electricity in North America. It has access to an installed capacity of
 39,000 MW, and 97% of its generating fleet is hydroelectric. The company also
 operates an extensive transmission system, which comprises 32 487 kilometres
 of lines. It supplies electricity to more than three million consumers in