Running For St Jude's Childrens Hospital
Fort Wayne Morning News with Charly Butcher
The Pat Miller Program
Money Talk with Chris Moore
Your Money With Mike
Mutual Fund Show
Fort Wayne Komets
Marketing and Advertising Career
Penny Pitch Application
Indy Utility Announces Plans for $631M Power Plant...
Indy Utility Announces Plans for $631M Power Plant
Created by kblakeslee on 5/1/2013 3:28:34 PM
INDIANAPOLIS (AP) _ Indianapolis Power & Light says it will build a $631 million natural gas turbine power plant in south-central Indiana as part of a push to meet tougher environmental regulations.
The Indianapolis-based utility announced Wednesday it will begin building a combined-cycle gas turbine power station next year near Martinsville, pending regulatory approval.
IPL says the 650-megawatt plant will be one of the cleanest of its kind in Indiana and be powered by two natural gas-fired turbines and one steam turbine driven by waste heat from the gas turbines. It will replace six coal-fired power units near Martinsville the company will close.
IPL's residential and business customers could see increases in their electric bills of 2 to 3 percent a year through 2018 to pay for the new plant and other upgrades.
Copyright © 2014 WOWO 92.3 FM | 1190 AM