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Plutonic Power Submits 67 MW Europa Creek Project into the Environmental Assessment Process

04/26/2006


VANCOUVER, BC - April 26, 2006: Plutonic Power Corporation (PCC:TSXV) is pleased to announce that the Company has submitted the Europa Creek run of river green hydroelectric project into the Environmental Assessment Permitting Process through the British Columbia Environmental Assessment Office ("EAO").

The EAO has issued a Section 10 Order, which binds the Project to the Environmental Assessment Act. The submission to the EAO is for the construction an 67 megawatt ("MW") run of river green hydroelectric project to be located on Europa Creek, as well as an approximately 50 km 69kV long transmission line to interconnect near Kemano, British Columbia. Initial studies have estimated that the Project could produce up to 280 GW.h of electricity, enough to power approximately 30,000 homes. Submission of the Project for review under the EAO process is a major step towards securing Environmental Assessment Certificate.

EAO documentation regarding the Europa Creek project may be retrieved at: http://www.eao.gov.bc.ca/epic/output/html/deploy/epic_project_home_274.html

Plutonic Power is an emerging energy producer in British Columbia. Its proposed 19 projects have a design capacity of over 870 MW with the potential to generate approximately 2900 GW.h/year 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.

The Company has entered the East Toba and Montrose, Rainy River and Emory Creek projects into the 2006 BC Hydro Call for Tender (CFT). These three projects will have a combined capacity of 217.5 MW. Contracts are expected to be awarded by BC Hydro in August 2006.

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
PLUTONIC POWER CORPORATION

"signed"

Donald McInnes, President


For additional information, please contact:
Lisa May
Investor Relations
Office: 604-669-4999 ext 1034
Cell: 604-314-3362
lisa.may@plutonic.ca


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