Tennessee Valley Authority defers plant upgrades
Published: June 22,2009
CALEDONIA — The Tennessee Valley Authority (TVA) board has approved construction of an 880-megawatt gas-fired power plant in Northeast Tennessee and deferred two planned construction projects to upgrade gas plants in West Tennessee and Northeast Mississippi.
The board approved a resolution to re-order TVA’s gas-fired generation projects, using funds and equipment allocated for planned upgrades at the Gleason combustion turbine plant in Gleason, Tenn., and the planned Caledonia combustion turbine plant in Caledonia, Miss., to develop a proposed new combined cycle plant in Northeast Tennessee.
TVA said the new plant is expected to cost approximately $820 million, which is the same range of total estimated expenditures for the Gleason and Caledonia projects. The plant’s exact location and a construction date have not been determined.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- A BIG CHANGE: New mortgage rules seen bringing increase in pricey mobile home loans
- Analyst: KiOR Columbus plant may end up sold as scrap
- Warden who lives hundreds of miles from jail resigns
- Jail kitchen supervisor pleads guilty to stealing food
- DAVID DALLAS: Savor this Thanksgiving and be grateful
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- Hunting-weapons legislation passes House
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi