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N L Hydro profits soar to $543M, driven by oil, electricity revenue and non-cash transactions

Profits at Newfoundland and Labrador Hydro have soared, driven by increased oil revenue and non-cash transactions.

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Software troubles blamed for $260M Muskrat Falls cost increase, with N L power rates stable for now

Long delays in perfecting a computer software needed to safely transmit Muskrat Falls electricity to Newfoundland are largely responsible for a $256-million increase in project costs, N.L. Hydro officials said Friday.

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