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Plutonic Power Completes Large Milestone Permitting Event for the East Toba River and Montrose Creek Run of River Projects


Vancouver, BC - January 18, 2006 - Plutonic Power Corporation (PCC - TSX.V) is pleased to announce that it has submitted an Application for an Environmental Assessment Certificate to the British Columbia Environmental Assessment Office (BC EAO) for the East Toba River and Montrose Creek run of river non-storage green hydroelectric projects.

The Application is the compilation of over a year of environmental fieldwork, compilations of existing data sets and other studies. The submission is a significant milestone in the permitting/development process of Plutonic's flagship 196 mega-watt East Toba River and Montrose Creek projects.

The BC EAO's review mandates a 180 day period in which various government agencies, stakeholders and First Nations are provided an opportunity to comment on the technical details of the Application. The public review period commences Wednesday, January 18th and ends on Thursday, February 16th, 2006. In conjunction with the review period, Plutonic is holding three open house and public information sessions on the Sunshine Coast. Following the review period and pending Ministerial acceptance, an Environmental Assessment Certificate is granted.

These meetings will be conducted at the times and locations as indicated below. All are welcome to attend:

Public Open House Meeting on Cortes Island, BC

Wednesday, January 18, 2006
10:00am - 8:00 pm

Cove Restaurant
Cortes Island, BC

Public Open House Meeting in Powell River, BC

Thursday, January 19, 2006
10:00am - 8:00 pm

Town Centre Hotel
Main Ballroom
4660 Joyce Avenue
Powell River, BC

Powell River, BC Public Open House Meeting in Sechelt, BC

Friday, January 20, 2006
Noon - 5:00 pm

Driftwood Inn
Meeting Room
5454 Trail Avenue
Sechelt, BC

The Application can be viewed on the BC EAO website at:

Comments on the Application can be made in writing and submitted to Plutonic at the Open Houses or may be directed to Sue Bonnyman, Project Assessment Manager, Environmental Assessment Office, PO Box 9426 Stn Prov. Gov., Victoria, BC, V8W 9V1 or by email to

Plutonic Power is an emerging energy producer in British Columbia. Its proposed 19 projects have a design capacity of over 870 MW and the potential to generate approximately 2900 GW.h per annum of green energy, enough energy to meet the annual energy needs of approximately 300,000 homes. Included in the 19 projects is the creation of the Green Power Corridor, a series of non-storage hydroelectric projects in southwestern BC, which hold the potential to catapult British Columbia to the forefront of green energy generation in North America. The completion of the Green Power Corridor would be through one of the largest single private sector green energy investments ever made in British Columbia and would create over 2,400 person-years of employment.

Plutonic is committed to continuously work with First Nations, stakeholder groups and local communities in the development of its run of river projects.

On behalf of the Board of Directors


Donald McInnes, President

For additional information please contact:

Lisa May
Investor Relations
Office: 604-669-4999 ext 1034
Cell: 604-314-3362

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release

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