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Case 38: Boundary Dam Power Station

In: Project Finance

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  • B Rajesh Kumar

    (Institute of Management Technology)

Abstract

The Boundary Dam is an 824 MW coal fired power plant located in Estevan in Saskatchewan, Canada. The power plant consists of six production units and is owned by SaskPower. Saskatchewan Power Corporation (SaskPower) is the main electric utility company in Canada established by the provincial government in the year 1929. The firm manages over $11.8 billion in assets. It operates three coal-fired power stations, seven hydroelectric stations, six natural gas stations, and two wind facilities, and has partnerships with 21 independent power producers for a total capacity of 4211 MW. Boundary Dam is the largest project undertaken by SaskPower. Boundary Dam power station became the first power station in the world to successfully use the CCS technology. The adoption of the technology facilitated the reduction of atmospheric pollution by preventing the entry of approximately four million tons of carbon dioxide into the atmosphere which was equivalent to taking one million vehicles off the road for a year. The total cost of the project was currently 1.5 billion up from the original cost estimate of 1.3 billion.

Suggested Citation

  • B Rajesh Kumar, 2022. "Case 38: Boundary Dam Power Station," Management for Professionals, in: Project Finance, chapter 42, pages 275-277, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-96725-3_42
    DOI: 10.1007/978-3-030-96725-3_42
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