EL CENTRO — IID officials say the new 25-year power purchase agreement with an Australia-based company planning to build a geothermal plant near the southern edge of the Salton Sea could save $30 million over the course of the deal.

Australia-based Controlled Thermal Resources and the IID board of directors approved the power purchase agreement Jan. 7.

Staff Writer Michael Maresh can be reached at mmaresh@ivpressonline.com.

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.