TVA Plans $820M Gas Plant To Cut Emissions

Law360, New York (June 5, 2009, 12:00 AM EDT) -- The Tennessee Valley Authority's board has approved a proposed 880-megawatt combined-cycle gas-fired power plant, which it says will reduce emissions and ensure service reliability. TVA's move comes on the heels of its appeal of a court order to cut emissions at four of its coal-fired power plants.

On June 4, the TVA announced that its board had approved a resolution to develop an $820 million combined-cycle plant to serve power needs in northeast Tennessee.

In addition to reducing emissions, the natural gas facility will ensure reliability...
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