Tennessee Valley Authority defers plant upgrades
by Wally Northway
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.
![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Fervor grows for Tuscaloosa Marine Shale
- Click Boutique revives Hattiesburg downtown retail district
- LNG facility hoping to begin exporting natural gas
- District at Eastover construction to start later this year
- Doctor's murder-for-hire case postponed, mental evaluation pending
- ACLU could sue over state's new school prayer law
- Hatchery releases largemouth bass fingerlings in three rivers
- Bill exempting small farms from fuel storage regs passes Senate
- Mayor wants 'trial run' of hotel/restaurant tax next month
POST A COMMENT