Posts Tagged ‘cost overrun’

CONs issued for two hospital projects; one for $1.2M cost overrun

SOUTHAVEN and GREENWOOD — The Mississippi State Department of Health has issued certificates of need (CONs) for projects at two Mississippi hospitals. MSDH issued a CON to Baptist Memorial Hospital-DeSoto in Southaven to add therapeutic radiation equipment to its existing radiation services at the hospital. Baptist Memorial Hospital proposed to increase the number of radiation […] [...]

Southern’s earnings impacted by increased Kemper plant cost

ATLANTA — Southern Company, the parent of Mississippi Power Co., reports first quarter 2013 earnings of $81 million, or 9 cents a share, compared with earnings of $368 million, or 42 cents a share, in the first quarter of 2012. The first quarter results include two charges against earnings – a $333-million (38 cents per […] [...]

Could better interest rates, sales offset Kemper plant cost overruns?

by Associated Press Published: August 7,2012

Tags: byproducts, coal, construction, cost overrun, electricity, energy, interest rate, plant, power, ratepayer, sales, state agency

KEMPER COUNTY — Lower interest rates and higher sales of byproducts could allow Mississippi Power Co. to make up for higher costs at the power plant it’s building in Kemper County. Officials say customers won’t have to pay more to cover the plant’s cost, which has risen from $2.4 billion to more than $2.8 billion. […] [...]

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