East Kentucky Power redrawing request for finance approval for new plant.

East Kentucky Power Cooperative Inc. has
asked to withdraw a request for financing approval to build a new
coal-fired power plant in Clark County.
Cooperative spokesman Nick Comer says withdrawing
the request "was a business decision" and the cooperative intends
to refile later.
The co-op's financial condition has been a major issue in recent
The co-op produces power for its 16 members that service more
than 500,000 homes, farms and businesses throughout Central and
Eastern Kentucky. The proposed plant would provide enough
electricity for another 150,000 homes.
The plant has been controversial, with environmental groups
urging the cooperative to look instead at renewable fuels and ways
to persuade customers to conserve electricity.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

Comments are posted from viewers like you and do not always reflect the views of this station. powered by Disqus