The Hawaii Tribune Herald reports HELCO, a subsidiary of the Hawaiian Electric Co., also said it expects to have an executed agreement available for review by the PUC by the end of April. The newspaper reports HELCO said that gives bidders more time to provide a "bet and final offer," which allows for lower cost bids to be submitted.
HELCO was expected to award the geothermal contract last year. In May, the PUC issued an order telling the utility to come up with an explanation on how it planned to complete the final request for proposals for the geothermal contract.
