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UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.
20549

FORM 20-F/A
  (Amendment No.1)

[ ] REGISTRATION STATEMENT PURSUANT TO SECTION 12 (b) OR (g) OF
THE SECURITIES EXCHANGE ACT OF 1934 (THE "EXCHANGE ACT")

OR

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
EXCHANGE ACT

For the fiscal year ended June 30, 2007

OR

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE
EXCHANGE ACT

For the transition period from ____________to ____________

OR

[ ] SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
EXCHANGE ACT

Date of event requiring this shell company report
___________

Commission file number 000-49917

NEVADA GEOTHERMAL POWER
INC.(Exact name of Registrant as specified in its
charter)

Not Applicable(Translation of Registrant's
name into English)

British Columbia, Canada(Jurisdiction of
incorporation or organization)

900-409 Granville Street Vancouver, British Columbia,
Canada, V6C 1T2(Address of principal executive offices)

Securities registered or to be registered pursuant to Section
12(b) of the Act:

|Title of each class | Name of each exchange on which registered
|------------------- | -----------------------------------------
|Not Applicable      | Not Applicable                           

Securities registered or to be registered pursuant to Section
12(g) of the Act.

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|Common Shares Without Par Value | (Title of Class)
|------------------------------- | ----------------

Securities for which there is a reporting obligation pursuant to
Section 15(d) of the Act.

NoneTitle of Class

The number of outstanding common shares as of June 30, 2007
76,824,171

Indicate by check mark if the Registrant is a well-known
seasoned issuer, as defined in Rule 405 of the Securities Act

YES [ ] NO [X]

If this report is an annual or transition report, indicate by
check mark if the Registrant is not required to file reports pursuant to Section
13 or 15(d) of the Exchange Act.

YES [ ] NO [X]

Note - Checking the box above will not relieve any registrant
required to file reports pursuant to Section 13 or 15(d) of the Exchange Act
from their obligations under those Sections.

Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Exchange Act during
the preceding 12 months (or for such period that the Registrant was required to
file such reports), and (2) has been subject to such filing requirements for the
past 90 days.

YES [X] NO [ ]

Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, or a non-accelerated filer. See
definition of "accelerated filer and large accelerated filer" in Rule 12b-2 of
the Exchange Act

Large accelerated filer [ ]     
Accelerated filer [ ]      Non-accelerated filer
[X]

Indicate by check mark which financial statement item the
Registrant has elected to follow.

[X] Item 17     [ ] Item 18

If this is an annual report, indicate by check mark whether the
Registrant is a shell company (as defined in Rule 12b-2 of the Exchange
Act).

YES [ ] NO [X]

(APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS
DURING THE PAST FIVE YEARS)

Indicate by check mark whether the Registrant has filed all
documents and reports required to be filed by Sections 12, 13 or 15(d) of the
Exchange Act subsequent to the distribution of securities under a plan confirmed
by a court.

YES [ ] NO [ ]

2

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EXPLANATORY NOTE

Nevada Geothermal Power, Inc. ("NGP" or the "Company") hereby amends its Annual Report on Form 20-F for the fiscal year ended June 30, 2007 (the "NGP Form 20-F") filed with the Securities and Exchange Commission (the "SEC") on January 15, 2008. This Amendment No. 1 to the Annual Report on Form 20-F/A ("Amendment No.1") is being filed to amend "Item 19--Exhibits" of the NGP Form 20-F, specifically to include Exhibit 4.84.

Except as specifically provided above, this Amendment No. 1 does not amend, update or restate any other items or sections of the NGP Form 20-F and does not reflect events occurring after the filing of the NGP Form 20-F.

PART III

|ITEM 19 | Exhibits
|------- | --------

The following exhibits are being filed as part of this Annual
Report, or are incorporated by reference where indicated:

Exhibit Number
    Description of Exhibit1.Articles of Incorporation and By-laws:1.1
    Certificate of Incorporation and Articles of Blue Desert
      Mining Inc. dated April 13, 1995 (1)1.2
    Special Resolution and Altered Memorandum filed October
      3, 1995 (1)1.3
    Certificate of Name Change from "Blue Desert Mining Inc."
      to "Canada Fluorspar Inc." dated May 25, 2000 (1)1.4
    Certificate of Name Change from "Canada Fluorspar Inc."
      to "Continental Ridge Resources Inc." dated February 5, 2001
      (1)1.5
    Certificate of Name Change from "Continental Ridge
      Resources Inc." to "Nevada Geothermal Power Inc." dated May 13, 2003
      (1)1.6
    Articles adopted by Nevada Geothermal Power Inc. on
      November 30, 2005 (1)1.7
    Notice of Articles dated January 25, 2006 (1)2.
      Instruments Defining Rights of Security Holders2.1
    Specimen Certificate of Common Stock (1)2.2
    Incentive Stock Option Plan adopted November 30, 2005
      (Also listed under Exhibit 4.33) (1)2.3
    Form of Option Agreement (1)2.4
    Warrant issued to Susan Power for 77,000 common shares
      dated June 2005 (1)2.5
    Form of Warrant dated April 21, 2006, with an exercise
      price of Canadian Dollars $1.40 (1)2.6
    Form of agent's compensation option dated April 28, 2006
      for the purchase of underwriting units, comprised of our common shares and
      share purchase warrants, at a price of $0.90 per underwriting unit until
      April 28, 2008 (1)


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4.
      Material Contracts4.1
    Geothermal Lease No. 187556 between Burlington Northern
      Santa Fe (formerly The Atchison Topeka and Santa Fe Railway Company) and
      Power Company regarding Blue Mountain, dated October 19, 1993, as amended
      March 31, 2003 and November 1, 2005 (1)4.2
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 58196 between the Federal Bureau of Land Management and Noramex Corp.
      regarding Blue Mountain, effective date of April 1, 1994 (1)4.3
    Grant Bargain and Sale Deed between Nevada Land &
      Resource Company, LLC and Delong Ranches, Inc., dated September 10, 1999
      (1)4.4
    Option Agreement between Continental Ridge Resources Inc.
      and Blue Mountain Power Company for Blue Mountain Geothermal Project,
      Humboldt County, Nevada, dated June 19, 2001 (1)4.5
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 74855 between the Federal Bureau of Land Management and Sierra Nevada
      Geothermal, Inc., effective date of June 1, 2002 (1)4.6
    Option Amendment Agreement between Continental Ridge
      Resources Inc. and Blue Mountain Power Company for Blue Mountain
      Geothermal Project, Humboldt County, Nevada, dated August 7, 2002
      (1)4.7
    Option Amendment Agreement between Continental Ridge
      Resources Inc. and Blue Mountain Power Company for Blue Mountain
      Geothermal Project, Humboldt County, Nevada, dated November 12, 2002
      (1)4.8
    Share Exchange Agreement between Continental Ridge
      Resources Inc. (subsequently Nevada Geothermal Power Inc.) and Blue
      Mountain Power Company Inc., dated December 13, 2002 (1)4.9
    Geothermal Lease Agreement No. 189093 between Nevada Land
      and Resource Council and Power Company regarding Blue Mountain, effective
      date of March 31, 2003, as amended November 1, 2005 (1)4.10
    Geothermal Lease Agreement between Nevada Land Resource
      Company, LLC and Noramex Corporation, dated March 31, 2003 (1)4.11
    Consulting Agreement between Continental Ridge Resources
      and Goodman Capital, dated April 13, 2003. (1)4.12
    Assignment of Record Title Interest in a Lease for Oil
      and Gas or Geothermal Resources from United States Department of the
      Interior Bureau of Land Management to Ormat Nevada Inc., dated August 1,
      2003 (1)4.13
    Memorandum of Geothermal Lease and Agreement No.
      29-462-0003 between Newmont USA Limited, dba Newmont Mining Corporation
      and Nevada Geothermal Power, Inc. regarding Pumpernickel, dated February
      13, 2004 (1)


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4.14
    Exercise of Option to Renew Lease No. 187556 between The
      Burlington Northern and Santa Fe Railway Company and Noramex Corporation
      regarding Blue Mountain, effective date of March 1, 2004 (1)4.15
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 77668 between the Federal Bureau of Land Management and Noramex Corp.
      regarding Blue Mountain, effective date of August 1, 2004 (1)4.16
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 80159 between, the Federal Bureau of Land Management and Noramex Corp.
      regarding Blue Mountain, effective date of August 1, 2004 (1)4.17
    Share Purchase Agreement between Nevada Geothermal Power
      Inc, Running Fox Resource Corp and Blue Desert Mining (US) Inc., dated
      August 27, 2004 (1)4.18
    Option Agreement between Nevada Geothermal Power Inc. and
      Sierra Geothermal Power Corp. (formerly Inovision Solutions Inc.)
      regarding Pumpernickel, dated October 12, 2004 (1)4.19
    Amendment Agreement to Geothermal Option Agreement
      between Nevada Geothermal Power Inc. and Normaex Corp. and Inovision
      Solutions Inc., dated January 12,2005 (1)4.20
    [Investor Relations Services] Agreement between Nevada
      Geothermal Power Inc. and The Equicom Group Inc., dated March 15, 2005
      (1)4.21
    Lease Amendment No. 189099 between Nevada Land and
      Resource Council and Noramex Corporation regarding Black Warrior, dated
      May 1, 2005 (1)4.22
    Letter Agreement for Contract for Services between Nevada
      Geothermal Power Inc. and Domenic J. Falcone Associates, Inc., dated May
      20, 2005, agreed and accepted on June 9, 2005(1)4.23
    Amendment 1 to Letter Agreement for Contract for Services
      dated May 20, 2005 between Nevada Geothermal Power Inc. and Domenic J.
      Falcone Associates, Inc., dated May 20, 2005(1)4.24
    Amendment 2 to Letter Agreement for Contract for Services
      dated May 20, 2005 between Nevada Geothermal Power Inc. and Domenic J.
      Falcone Associates, Inc., dated May 20, 2005(1)4.25
    Stabb Geothermal Lease Agreement between Noramex
      Corporation and Stabb regarding Crump Geyser, effective date of August 1,
      2005 (1)4.26
    Stabb Geothermal Lease Agreement between Noramex
      Corporation and LX Ranch Inc. regarding Crump Geyser, effective date of
      August 1, 2005 (1)4.27
    OKeefe Ranch Geothermal Lease Agreement between Noramex
      Corporation and O'Keefe Ranch regarding Crump Geyser, effective date of
      August 1, 2005 (1)4.28
    Consulting Agreement between Nevada Geothermal Power Inc.
      and Don J.A. Smith, dated


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October 1, 2005 (1)4.29
    Lease Amendment for Lease No. 189093 between Nevada Land
      and Resource Council, LLC and Noramex Corp. regarding Blue Mountain, dated
      November 1, 2005 (1)4.30
    Lease Amendment for Lease No. 189099 between Nevada Land
      and Resource Company, LLC and Noramex Corp. regarding Black Warrior, dated
      November 1, 2005 (1)4.31
    Decision of Federal Bureau of Land Management to
      consolidate Geothermal Leases Nos. 77668 and 77669, dated November 3, 2005
      (1)4.32
    Offer to Renew Lease Agreement between Nevada Geothermal
      Power Inc. and United Kingdom Building Limited for 409 Granville Street,
      Suite 900, Vancouver, BC, dated November 16, 2005 (1)4.33
    Lease Extension and Amending Agreement between Nevada
      Geothermal Power Inc. and United Kingdom Building Limited for 409
      Granville Street, Suite 900, Vancouver, BC, dated November 29, 2005
      (1)4.34
    Incentive Stock Option Plan adopted November 30, 2005
      (Filed under Exhibit 2.2) (1)4.35
    Management Consulting Services Agreement between Nevada
      Geothermal Power Inc. and Tywell Management Inc., dated December 1, 2005
      (1)4.36
    Services Agreement between Nevada Geothermal Power Inc.
      and Pro-Edge Consultants Inc., dated December 13, 2005 (1)4.37
    Technical Consulting Services Agreement between Nevada
      Geothermal Power Inc. and Fairbank Engineering Ltd., dated January 1, 2006
      (1)4.38
    Geothermal Lease Agreement for The Crawford Farm area,
      Humboldt County, Nevada, between Power Company and The Crawford Farm
      regarding Blue Mountain, dated January 10, 2006 (1)4.39
    Standard Publicity Agreement between Jefferson Direct,
      Inc. and Nevada Geothermal Power Inc., dated February 2, 2006
      (1)4.40
    Amendment Agreement to Geothermal Option Agreement
      between Nevada Geothermal Power Inc. and Sierra Geothermal Power Corp.
      (formerly Inovision Solutions Inc.) regarding Pumpernickel, dated February
      14, 2006 (1)4.41
    BLM Winnemucca Field Office Geothermal Lease Stipulations
      No. NVN-78777, dated February 21, 2006 (1)4.42
    BLM Winnemucca Field Office Geothermal Lease Stipulations
      No. NVN-79745, dated February 21, 2006 (1)4.43
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 79745 between the Federal Bureau of Land Management and Power Company
      regarding Black Warrior, effective date of March 1, 2006 (1)


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4.44
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 78777 between the Federal Bureau of Land Management and Noramex Corp.
      regarding Black Warrior, effective date of March 1, 2006
    (1)4.45
    Geothermal Lease Agreement between Nevada Geothermal
      Power Company and Will DeLong regarding Blue Mountain, dated of April 15,
      2006 (1)4.46
    Royalty Agreement between Nevada Geothermal Power
      Company, Ehni Enterprises Inc. and Ormat Nevada, Inc. regarding
      Pumpernickel, dated April 26, 2006 (1)4.47
    Agreement regarding the sale and purchase of BLM Lease
      No. 74855 between Ormat Nevada, Inc. and Nevada Geothermal Power Company
      regarding Pumpernickel, dated April 26, 2006 (1)4.48
    Unit Agreement for the Development and Operation of the
      Blue Mountain Unit Area, dated June 1, 2006 (1)4.49
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 78124 between the Federal Bureau of Land Management and Noramex Corp.
      regarding Pumpernickel, effective date of June 1, 2006
    (1)4.50
    Assignment of Record Title Interest in a Lease for Oil
      and Gas or Geopthermal Resources for Lease No. 74855 from the Federal
      Bureau of Land Management to Nevada Geothermal Power Company regarding
      Pumpernickel, effective date of June 1, 2006 (1)4.51
    Daywork Drilling Contract between Nevada Geothermal Power
      Company and Calco Oil Field Industries, Inc. for Blue Mountain Geothermal,
      dated June 19, 2006 (1)4.52
    Internet Services & Consulting Contract between
      Nevada Geothermal Power Inc. and Inveslogic Inc., dated June 26, 2006
      (1)4.53
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 80070 between the Federal Bureau of Land Management and Noramex Corp.
      regarding Pumpernickel, effective date of August 1, 2006
    (1)4.54
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 80086 between the Federal Bureau of Land Management and Noramex Corp.
      regarding Blue Mountain, effective date of August 1, 2006
      (1)4.55
    Offer to Lease and Lease for Geothermal Resources Lease
      No. 80159 between the Federal Bureau of Land Management and Noramex Corp.
      regarding Blue Mountain, effective date of August 1, 2006
      (1)4.56
    Revised International Association of Drilling Contracts
      Drilling Bid Proposal and Daywork Drilling Contract  U.S. (Original Black
      Gold Contract) between Nevada Geothermal Power and Black Gold Equipment
      & Leasing LLC for Blue Mountain Geothermal Project, dated August 17,
      2006 (1)4.57
    Long Term Firm Portfolio Energy Credit And Renewable
      Power Purchase Agreement between Nevada Geothermal Power Company, Inc. and
      Nevada Power Company, dated


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August 18, 2006 (1)4.58
    Partial Assignment of Geothermal Lease No. 189093 between
      Nevada Land and Resource Council and Nevada Geothermal Power Company, Inc.
      regarding Blue Mountain, effective October 3, 2006 (1)4.59
    Notice of Lease Amendment for Lease No. 189093 between
      Nevada Land and Resource Council and Nevada Geothermal Power Company, Inc.
      regarding Blue Mountain, effective October 3, 2006 (1)4.60
    Offer to Renew Lease Agreement between Nevada Geothermal
      Power Inc. and United Kingdom Building Limited for 409 Granville Street,
      Suite 900, Vancouver, BC, dated January 10, 2007 (1)4.61
    Financial Consulting Agreement between Markus K. Christen
      and Nevada Geothermal Power Inc., dated January 12, 2007 and July 2,2007 financing engagement letter amendment. (1)4.62
    Amendment to Exhibits A and B of the Unit Agreement for
      the Development and Operation of the Blue Mountain Unit Area, dated
      January 24, 2007 (1)4.63
    Confidentiality Agreement between Morgan Stanley & Co
      Incorporated, Greenrock Capital, LLC and Nevada Geothermal Power Company,
      Inc., dated January 25, 2007 (1)4.64
    Form of Subscription Agreement for Units being purchased
      by residents of Alberta, British Columbia, Ontario, Quebec, Nova Scotia,
      Saskatchewan and offshore residents; closing February 22, 2007
      (1)4.65
    Form of Subscription Agreement for Units being purchased
      by residents or citizens of the United States; closing February 22, 2007
      (1)4.66
    Lease Agreement between Sheppard Rentals and Nevada
      Geothermal Power Company for 657 Anderson Street near Winnemucca in
      Humboldt County, Nevada, dated March 20, 2007 (1)4.67
    Development Loan Agreement between NGP Blue Mountain I
          LLC and Glitnir Banki hf dated November 1, 2007(3)4.68
    Promissory Note between NGP Blue Mountain I LLC and Glitnir
          Banki hf dated November 1, 2007(2)4.69
    Pledge and Security Agreement by NGP Blue Mountain Holdco
          LLC and Glitnir Banki hf dated November 1, 2007(2)4.70
    Acknowledgement and Consent by NGP Blue Mountain I LLC with regard to Pledge and Security Agreement dated November 1, 2007(2)4.71
    Assignment and Assumption of Power Purchase
      Agreement, by and between Nevada Geothermal Power Company and Borrower,
      dated October 24, 2007 (2)4.72
    Standard Large Generator Interconnect Agreement, by and
      between Sierra Pacific Power Company and Borrower, dated November 5, 2007
      (2)4.73
    Assignment and Assumption of Leases, by and among NGPI
      and NGPC, collectively as assignor, and Borrower, as assignee, dated as of
      October 24, 2007 (2)4.74
    State of Nevada Division of Water Resources Permit Nos.
      72978, 73541,73542 AND 73543 (2)


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4.75
    Quitclaim Deed between Nevada Geothermal Power Inc. and NGP Blue Mountain I LLC dated September 20, 2007 (2)4.76
    Amended and Restated Commitment Letter for US$100,000,000
          Construction and Loan Facility For Project dated November 1, 2007 (2)4.77
    Commitment Letter for US$100,000,000 Equity Financing to
      be used to repay Construction Loan Financing dated July 24, 2007 (3)4.78
    Borrowers Officers & Secretarys Certificate,
      Exhibit B- Certificate of Formation dated November 1, 2007 (2)4.79
    NGPs Officers & Secretarys Certificate, Exhibit B-
      Certificate of Formation dated November 1, 2007 (2)4.80
    Contribution Agreement, by and among NGPI, NGPC, NGP and
      Borrower, dated as of September 19, 2007 (2)4.81
    First Amendment to Contribution Agreement, by and among
      NGPI, NGPC, NGP and Borrower, dated as of October 12, 2007 (2)4.82
    Member Interest Certificate of NGP Blue Mountain I LLC dated April 26, 2007 (2)4.83
    Indemnification Letter by Nevada Geothermal Power Inc. dated November 1, 2007 (2)4.84
    Drilling Bid Proposal and Daywork Drilling Contract with
          ThermaSource Inc. dated December 1, 2007(4)4.85
    Employment Agreement- Fairbank, dated October 1, 2007 (2)4.86
    Employment Letter Agreement- Studley, dated July 11, 2007(2)4.87
    Employment Agreement-Walenciak, dated April 16, 2007 (2)4.88
    Second Amendment to Option Agreement for Pumpernickel
          Geothermal Property dated December 12, 2007(2)4.89
    Letter Agreement between Nevada Geothermal Power Inc. and
      Markus Christen dated January 12, 2007(2)4.90
    Professional Services Agreement between Integral Energy
      Management and Nevada Geothermal Power Company dated June 1,
      2007(2)4.91
    Chief Development Geologist Contract- Glenn Melosh dated
      November 6, 2007(2)4.92
    Fairbank Engineering Ltd purchase and employment contract
          dated October 1, 2007(2)4.93
    Consulting agreement dated October 1 2005 between Nevada
      Geothermal Power Inc and Frank Misseldine(2)4.94
    Professional Services Agreement dated May 21, 2007
      between R. Gordon Bloomquist and Nevada Geothermal Power
      Inc.(2)4.95
    Professional Services Agreement dated June 25, 2007
      between Global Power Solutions and Nevada Geothermal Power
      Company.(2)


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4.96
      Engineering Services Agreement dated August 8, 2007
          between GeothermEx Inc. and Nevada Geothermal Power Inc. (2)4.97
      Consulting Agreement dated November 28, 2007 between
          CCM Consulting a division of Cronus Capital Markets Inc. and Nevada
          Geothermal Power Co.(2)8.
      Subsidiaries8.1
      List of Subsidiaries (2)9.
      Statement re: Financial Statements9.1
      Financial Statements (3)11.
      Code of Ethics11.1
      Code of Business Conduct and Ethics, incorporated
          as part of Item 15.1 (1)12.
      302 Certification12.1
      Certification of Chief Executive Officer Pursuant
          to Section 302 of the Sarbanes-Oxley Act of 2002 (2)12.2
      Certification of Chief Financial Officer Pursuant
          to Section 302 of the Sarbanes-Oxley Act of 2002 (2)13.
      906 Certification


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13.1
      Certification of Chief Executive Officer Pursuant
        to Section 906 of the Sarbanes-Oxley Act of 2002 (2)13.2
      Certification of Chief Financial Officer Pursuant
        to Section 906 of the Sarbanes-Oxley Act of 2002 (2)14.
      Legal OpinionNot
      Applicable15.
      Additional Exhibits15.1
    Board
      Policy Manual adopted August 23, 2005, as amended, filed as Exhibit 11.1
      (1)


(1) Incorporated by reference, to the same exhibit
number, to the Companys Annual Report on Form 20-F, Amendment No. 1, for the
year ended June 30, 2006, as filed with the Securities and Exchange Commission
on September 25, 2007.(2)Incorporated by reference, to the same exhibit number, to the Company's Annual Report on Form 20-F, for the year ended June 30, 2007, as filed with the Securities and Exchange Commission on January 15, 2008.(3)
Application has been made to the Securities and Exchange Commission to seek
confidential treatment of certain portions of Exhibits 4.67 and 4.77 under Rule
24b-2 of the Securities Exchange Act of 1934, as amended. Omitted material for
which confidential treatment has been requested has been filed separately with
the Securities and Exchange Commission.(4) Filed herewith.

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SIGNATURES

The Registrant hereby certifies that it meets all of the
requirements for filing on Form 20-F and that it has duly caused and authorized
the undersigned to sign this Amendment No. 1 to its Annual Report for the fiscal year ended June 30, 2007 on its behalf.

NEVADA GEOTHERMAL POWER INC.

Per: /s/ Brian D. FairbankBrian D.
FairbankPresident, Chief Executive Officer and Director

Dated: January 22, 2008

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