Nevada Geothermal Power Updates Status of US$145 Million Senior Secured Credit Facilities for the Construction of 49.5 MW Blue Mountain Geothermal Power Plant

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.

About Nevada Geothermal Power Inc.: Nevada Geothermal Power Inc. is a renewable energy company developing geothermal projects in the United States to provide electrical energy that is clean, efficient and sustainable. NGP is committed to the geothermal industry and currently owns a 100% leasehold interest in four properties: Blue Mountain, Pumpernickel, Black Warrior, all located in Nevada and Crump Geyser in Oregon. These properties are at different levels of exploration and development. NGP estimates a potential of approximately 150 MW to over 200 MW from the current leaseholds.

Nevada Geothermal Power Inc.

Brian D. Fairbank, P. Eng., President & CEO

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