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Pen­necon Ltd. has been awarded a con­tract from Nal­cor En­ergy to com­plete re­main­ing work left by Astaldi Canada when it was or­dered off the work­site in late-Oc­to­ber.

“Pen­necon, a New­found­land and Labrador com­pany, is fa­mil­iar with the Muskrat Falls Project and we are con­fi­dent that their project ex­pe­ri­ence will en­sure this work is com­pleted safely and ef­fec­tively,” read a state­ment from Nal­cor CEO Stan Mar­shall on Thurs­day.

“The com­pany un­der­stands Nal­cor’s es­tab­lished hir­ing pro­to­cols which pro­vide hir­ing pref­er­ences for qual­i­fied mem­bers of Innu Na­tion first, fol­lowed by Labrado­ri­ans and then res­i­dents of the is­land.”

Nal­cor has stated that Astaldi’s work is around 95 per cent com­plete. On Thurs­day, Nal­cor re­it­er­ated a “com­mit­ment” to the ex­ist­ing cost and sched­ule of the project, say­ing fur­ther de­lays are not ex­pected and the cost will not bal­loon be­yond $12.7 bil­lion.

Pen­necon al­ready has a num­ber of con­tracts on the Muskrat Falls site. Most no­tably, Pen­necon, in part­ner­ship with United States-based Barnard con­struc­tion, has been work­ing on the North and South dams on the project. The dams are ex­pected to be com­pleted by July, 2019.

Else­where, 129 non-union­ized for­mer Astaldi work­ers are likely to be without pay owed for work com­pleted af­ter Oct. 20.

Nat­u­ral Re­sources Min­is­ter Siob­han Coady in­di­cated on Wed­nes­day that court pro­ceed­ings be­tween Astaldi and Nal­cor re­main on-go­ing and will not con­clude be­fore Christ­mas.


Pen­necon Ltd. has been awarded the con­tract to fin­ish work on the Muskrat Falls left in­com­plete by Astaldi Canada.

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