Nevada Geothermal Power Inc.

Nevada Geothermal Power Inc.

March 29, 2005 09:45 ET

Nevada Geothermal Power Inc. Retains Leading Investor Relations Firm


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: NEVADA GEOTHERMAL POWER INC.

TSX VENTURE SYMBOL: NGP
OTC Bulletin Board SYMBOL: NGLPF

MARCH 29, 2005 - 09:45 ET

Nevada Geothermal Power Inc. Retains Leading Investor
Relations Firm

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 29, 2005) - Nevada
Geothermal Power Inc. ("NGP") (TSX VENTURE:NGP)(OTCBB:NGLPF) today
announced that it has retained The Equicom Group Inc. ("Equicom") to
provide the Company with strategic investor relations and financial
communications services. Equicom provides targeted communications
services to Canadian public companies across a diverse range of
industries.

Nevada Geothermal will pay Equicom a monthly retainer fee of $4,500 and
will grant 100,000 options over a period of one year (subject to
regulatory and Board approval) for professional services. The initial
contract term is 12 months. The principals of Equicom are: Barry
Hildred, President; Jason Hogan, Executive Vice President; Scott Kelly,
Senior Vice President, Creative Services; and Mike Polonsky, Senior Vice
President.

About Equicom

The Equicom Group is Canada's leading Investor Relations consulting firm
offering unparalleled expertise in developing and executing tailored,
highly effective strategic communications programs to support their
clients' success in achieving their capital markets objectives.
Headquartered in Toronto, and supported by their Montreal satellite
office, Equicom offers its clients a comprehensive suite of services
including: investor relations, media relations, annual report
production, multimedia and web design, web casting, live event
management and corporate branding. For further information, visit
www.equicomgroup.com.

About Nevada Geothermal Power Inc.

NGP is an alternative renewable energy company developing geothermal
projects in the Western United States to provide electrical energy that
is clean, efficient and sustainable. NGP holds a 100% interest in 12
square-miles of geothermal leases at the Blue Mountain geothermal
project where it plans to develop an initial 30MW generating plant. NGP
has acquired additional geothermal sites, starting with Pumpernickel
Valley and Black Warrior located in Nevada's "Corridor of Heat" and
plans to become a leading geothermal development company.

This Press Release contains certain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995. We
have tried, whenever possible, to identify these forward-looking
statements using words such as "anticipates", "believes", "estimates",
"expects", "plans", "intends", "potential" and similar expressions.
These statements reflect our current belief and are based upon currently
available information. Accordingly, such forward-looking statements
involve known and unknown risks, uncertainties and other factors which
could cause the Company's actual results, performance or achievements to
differ materially from those expressed in or implied by such statements.
We undertake no obligation to update or advise in the event of any
change, addition, or alteration to the information catered in this Press
Release including such forward-looking statements.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Nevada Geothermal Power Inc.
    Brian D. Fairbank, P. Eng.
    President & CEO
    (604) 688-1553
    (604) 688-5926 (FAX)
    fairbank@intergate.ca
    or
    Nevada Geothermal Power Inc.
    Shelley Kirk
    Investor Inquiries
    (604) 633-1822 or Toll Free: 866-688-0808
    sfkirk@nevadageothermal.com
    or
    Nevada Geothermal Power Inc.
    Martti Kangas
    Investor Relations
    (416) 815-0700
    (416) 815-0080 (FAX)
    mkangas@equicomgroup.com
    www.nevadageothermal.com
    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.