Mighty River Power will build
a $466 million geothermal plant north of Taupo. The plant will be similar
to the Nga Awa Purua plant which was commissioned last year by
the power company and Tauhara Trust. The new Ngatamariki plant will be
owned by Mighty River Power, although Tauhara will receive a
revenue stream from the project. The operation is expected
to create 400 jobs.
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