Nevada Geothermal Power Inc. (NGP) (TSX VENTURE: NGP)(OTCBB: NGLPF) today updated the status of the US$145 Million Senior Secured Credit Facilities for the construction of the 49.5 MW Blue Mountain Faulkner I project in Nevada. The loan facility has been increased to US$145 million from US$140 million to provide contingency funds for the construction of NGP's geothermal power project in Nevada.

The banking syndicate led by Morgan Stanley and Glitnir Capital Corp. continue with their due diligence and documentation for the loan, which is expected to close over the next several weeks. NGP continues to work with Ormat Technologies to maintain project timelines and terms.

Blue Mountain, located 30 kilometers (20 miles) west of the town of Winnemucca, Nevada. Phase 1 at Blue Mountain is expected to commence power generation in late 2009.