Article: United States: Electric utilities plan to spend $1B on new power plants.

Byline: prashant03

Electric utilities have nearly $1 billion worth of new power plant projects planned for Southcentral Alaska. Matanuska Electric Association is in the preliminary stages of talks with contractors or private developers on a new 180-megawatt gas-fired power plant that could be built on a 70-acre land tract in Eklutna, just north of Anchorage, said MEA officials.

Cost for the plant could be in the $400 million range, according to Joe Griffith, MEA's general manager. The Palmer-based utility purchased the land from Eklutna Inc. as a potential power plant site. Griffith and other Southcentral Alaska electric utilities presented their latest ...

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