Ind. Power Co. To Pay $600M To Settle Pollution Suit

Law360, New York (January 13, 2011, 4:12 PM EST) -- The Northern Indiana Public Service Co. has agreed to spend approximately $600 million over the next eight years to improve pollution controls at its coal-fired power plants as part of a settlement resolving allegations the company violated the Clean Air Act.

The proposed deal, announced Thursday by the U.S. Environmental Protection Agency, will also require NIPSCO to spend $9.5 million on environmental mitigation projects and pay a $3.5 million fine, according to the EPA. The Department of Justice and the state of Indiana have both signed...
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