A bill to extend the deadline to commence construction of certain hydroelectric projects on the Red River.

Bill 118 s 4050 is a piece of legislation that aims to extend the deadline for the commencement of construction on certain hydroelectric projects located on the Red River. The bill specifically targets projects that have been approved by the Federal Energy Regulatory Commission (FERC) but have not yet begun construction.

The proposed extension of the deadline is intended to provide additional time for the developers of these projects to secure the necessary permits and financing to move forward with construction. By extending the deadline, the bill seeks to ensure that these hydroelectric projects are able to proceed and contribute to the nation's energy infrastructure.

The bill does not specify the length of the extension, but rather leaves it up to the discretion of FERC to determine the appropriate timeline based on the individual circumstances of each project. This flexibility allows for a tailored approach that takes into account the unique challenges and complexities that may arise during the development of hydroelectric projects on the Red River. Overall, Bill 118 s 4050 is a targeted piece of legislation that seeks to support the development of hydroelectric projects on the Red River by providing additional time for construction to commence. The bill aims to strike a balance between promoting renewable energy sources and ensuring responsible and efficient project development.