Nevada Geothermal Power Inc. ("NGP") is an alternative renewable geothermal energy company actively exploring and developing several geothermal power plant projects and owns a 100% leashold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior in Nevada and Crump Geyser, Oregon.
 

• NGP's Blue Mountain geothermal site has a Power Purchase Agreement (PPA) for up to 35 MW of Geothermal Power with Nevada Power Company
• "The signing of this PPA for an initial geothermal power plant at our Blue Mountain project is a significant step for Nevada Geothermal...We expect there will be additional MW capacity at Blue Mountain for future development and we are also exploring growth potential of our three other geothermal sites in Nevada and Oregon." ...Brian Fairbank, P. Eng, President and CEO of Nevada Geothermal Power Inc.
• NGP is well funded and has no debt
• Generation of electricity from geothermal reservoirs is economically viable
• Currently the state of Nevada has 14 geothermal power plants totaling 297 megawatts of power capacity
• Electricity production from renewable sources is expected to triple in the coming decade
• Federal Renewable Energy Production Tax Credit (US1.9 cents per kWh) has been expanded to geothermal.
  
  Nevada Geothermal Power's flagship project is the 100% owned Blue Mountain property, in northern Nevada. Development driling is underway at the Blue Mountain geothermal site, the production test data from the wells will be used to complete a feasibility study in the fall of 2007, for an initial 30 MW to 35 MW geothermal power plant; which is enough to supply power to 24,000 homes.