Initiatives Prince George (IPG) has "recognized" BC Hydro for filing a project description report on the proposed Site C Dam project.
"This is a significant milestone for BC Hydro and for northern B.C," IPG president Tim McEwan said in a statement issued Thursday.
"BC Hydro has compiled a project report that now allows people in Prince George and around the province to study the project in detail and become better informed.
"Our corporation is a strong proponent of increased public consultation on major projects and BC Hydro is demonstrating its willingness to engage communities and First Nations in reviewing its proposed Site C Dam project."
Now estimated to cost $7.9 billion, IPG also called the project, "a tremendous catalyst to economic development and diversification in Prince George and the region.
"If approved Site C would take approximately seven years to construct. It would generate about 1,000 megawatts of electricity each year or enough to power 450,000 homes," IPG continued in the statement.
"The filing of the project report moves the project one step forward in the regulatory review process which will include public hearings."
