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A major upgrade of the Peace Canyon Dam is now complete.

The $120 million refurbishment began in May of 2006, with the goal of allowing the facility to provide power to the province for another 20-30 years.

The project included replacing the stators, upgrading the rotors, and overhauling the turbines of the plant’s four units.

BC Hydro CEO Bob Elton says the overhaul was completed on time, and around $6 million under budget.

The 29 year-old dam provides enough hydro-electricity to power around 300,000 homes.

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