Kilgore: Nuclear reactor behind schedule, over budget

NORTH MISSISSIPPI — The second nuclear reactor at TVA’s Watts Bar Nuclear Plant will not be completed on schedule and will be over budget.

Tennessee Valley Authority president and CEO Tom Kilgore updated the government utility’s board yesterday during a meeting in Chattanooga, Tenn.

Kilgore said Watts Bar Unit 2 in Spring City, Tenn., would not be finished by 2013 as was expected when the board approved its construction schedule in 2007. Kilgore also told board members the project would exceed its $2.49 billion budget. It is unclear by how much.

However, Kilgore assured the board that the unit will still be a cost-effective generator of electricity.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

FOLLOW THE MBJ ON TWITTER

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: