Nevada Geothermal Power Initiates Quarterly Newsletter: The Power Report

Nevada Geothermal Power (NGP) (TSX-V: NGP, OTC-BB: NGLPF) is proud to send you our inaugural Quarterly Newsletter, The Power Report, which features our latest company highlights as well as an introduction to the people who are helping to build NGP from behind the scene.

The October issue of The Power Report is available on our website:

http://www.nevadageothermal.com/s/NGPNewsletter.asp

It is also attached as a pdf document here:

NGPNewsletterOctober.pdf

Here is a preview of what's in The Power Report:

NGP closes US $180M Project Financing
The close of US$180 million loan facility for the construction of the Blue Mountain Phase 1 geothermal power plant was announced on September 4, 2008, by Nevada Geothermal Power Inc. (NGP), with funds and accounts managed by TCW Asset Management Company (TCW)....(page 1)

Blue Mountain is on the Road to Revenue
As we at Nevada Geothermal Power (NGP) commence the initial power plant construction phase at the Blue Mountain, 'Faulkner 1', renewable energy geothermal power project, the pieces of the puzzle are coming together right before our eyes. In the past few months, NGP has made some exciting announcements of accomplishments and collaborations that have reiterated the resource and potential of the Blue Mountain project....(page 3)

Thank you for taking the time to read our first ever NGP Newsletter - The Power Report ! Please feel free to share with your family and friends. Look for our next issue in January 2009!