Entergy plans half-billion-dollar investment
JACKSON — Entergy Mississippi Inc. announced an investment of approximately $500 million in upgrading and bolstering transmission facilities within the state between 2006 and 2013.
These projects represent the completion, initiation and planning of major phases in Entergy Mississippi’s comprehensive plan to upgrade, improve and strengthen its transmission system.
From 2006 through 2008, Entergy Mississippi completed and put into service new substations, upgraded substation equipment and upgraded transmission lines representing nearly $90 million in investments. In 2009, that number was more than $38 million.
During the years from 2010 through 2013, the company expects to invest an additional $376 million-plus in further upgrades and expansions. While the number of jobs created is not yet known, these investments represent a positive impact on Mississippi’s economy through dollars spent on both contractors and materials necessary to complete these projects.
Haley Fisackerly, president and CEO of Entergy Mississippi, said, “We spent significant time and effort analyzing and designing the most cost-efficient solutions that provide the greatest benefits to our customers, while at the same time helping improve reliability and meeting the power demands the future will surely bring.”
Entergy Mississippi said the investments will contribute to customer reliability by providing redundant routes of electrical service so that if there is a transmission line fault, the number of customers affected will be greatly reduced. Additionally, many of these projects provide stronger power ties to alternative sources. By having more sources, new ways to move power and flexibility in the system to adapt to changing conditions, system operators have more ways to provide service under widely varying load conditions.
Throughout the planning, design and construction phases, Entergy teams worked closely with local and state government officials, permitting agencies, regulatory bodies and communities where these projects were built.
While the company’s transmission engineering and construction group spearheaded these projects, multiple departments within the company worked together to bring these projects to reality. Regulatory, customer service, distribution and economic development employees, among others, all played important roles in getting these projects designed, planned, approved and built.
Projects include new substations, equipment upgrades at existing substations, upgrading transmission lines, new transformers, voltage regulators and other items that will bolster and strengthen the company’s transmission system. Projects are located throughout the Entergy Mississippi service territory.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Brandon man hauls in record 756-pound alligator
- McDaniel delays decision on whether to appeal dismissal of lawsuit
- More than a dozen school districts sue state over funding
- FLIPPING OUT — Flipping houses is popular in much of the country, but in Mississippi ...
- REVVING UP — Motorcars of Jackson is preparing to open its first-ever showroom on I-55
- Is cotton looking too good? Farmers facing weaker prices
- Jackson to get C Spire's high-speed internet
- New York firm buying majority interest in Tupelo mall, shopping center
- Bryant issues executive order to establish Delta water task force