Hydro-Quebec’s US$137bil power plan is drawing attention


Sabia is pitching what he calls an “Action Plan” that may amount as much as C$185bil (US$137bil) to build new power generation capacity and improve transmission reliability by 2035. — Bloomberg

MONTREAL: The head of Hydro-Quebec says he’s confident the state-owned utility will find investors to back a massive expansion of a provincial electrical grid that’s expected to cost well over US$100bil.

Chief executive officer Michael Sabia is pitching what he calls an “Action Plan” that may amount as much as C$185bil (US$137bil) to build new power generation capacity and improve transmission reliability by 2035.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Total vehicles sold in 2025 surprises on the upside
Ancom Nylex reports better 2Q net profit
On track for further gains
MyTech takeover bid turns unconditional�
Benign inflation supports Malaysia growth outlook
Most Malaysian CEOs target growth beyond core sectors
Charting next growth phase with ROAR30
ISF Group IPO oversubscribed by over 31 times
KKB Engineering wins RM80mil contracts
ICT Zone wins RM17.3mil tech contract

Others Also Read