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Tag Archives: overrun

PSC to Mississippi Power: enough is enough on Kemper

By JACK WEATHERLY Years of construction delays and huge cost overruns at Mississippi Power Co.’s Kemper County clean-coal gasification plant have reached the breaking point, as far as state regulators are concerned. The Mississippi Public Service Commission voted unanimously Wednesday to issue an order on July 6 giving the utility 45 days to comply with the order that would allow ...

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UPDATED: Kemper completion pushed back to end of year

MBJ staff and wire   Mississippi Power Co. says it won’t complete its Kemper County power plant until the end of the year, a delay of a month that pushes the price tag up by $25 million, to nearly $7 billion. The company announced the delay Friday as its Atlanta-based parent Southern Co. filed quarterly stock disclosures, saying ratepayers wouldn’t ...

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Utility projects operation costs to quadruple estimate after Kemper County power plant starts up

Associated Press The ballooning cost of building Mississippi Power Co.’s Kemper County power plant won’t end when construction is done. The company now projects operation and maintenance costs will total $1 billion in its first five years — four times what regulators approved. The gasified coal-burning plant’s equipment, material and workforce have increased sharply during this building phase, raising the ...

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Mississippi Power adds $9 million to Kemper cost

Associated Press Mississippi Power Co. says it will spend another $9 million on its overrun-plagued Kemper County power plant, pushing its total cost toward $6.8 billion. The unit of Atlanta-based Southern Co. will absorb the cost, part of $2.5 billion it’s absorbing. Southern Co. will write off $38 million before taxes from its quarterly earnings, which will be announced Wednesday. ...

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New CONs issued for health care project cost overruns

D’IBERVILLE and JACKSON — The Mississippi State Department of Health (MSDH) has issued certificates of need (CONs) for two projects. Greenbriar Nursing Center of D’Iberville has received a CON for the cost overrun to CON #0810 — relocation of 46 long-term care beds from Azalea Gardens Nursing Center. The approved capital expenditure for this project is $2,679,601. The additional capital ...

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