Dec 12 (Reuters) - The Canadian province of Newfoundland and Labrador on Thursday signed a memorandum of understanding with neighboring Quebec for a deal on hydroelectric generation in Labrador that will bring an estimated C$200 billion ($140.97 billion) in revenue by 2075.

The deal will replace a contentious 1969 contract to export power from the Upper Churchill Falls hydroelectric facility in Labrador that has been a source of bitter tension between the two provinces for decades.

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