Dive Summary:
- Indianapolis Power & Light Co. (IPL) has announced its plans to spend $511 million to add new environmental controls at two of its coal-fired plants that could potentially reduce mercury emissions by 80 percent.
- The expenditure is part of the utility's plans to comply with new Utility Mercury and Air Toxic Standards set by the U.S. Environmental Protection Agency.
- IPL had previously earned a $420 million contract with Indiana Environmental Partners for engineering, procurement, and construction of the new controls; the project is estimated to create 350 to 400 jobs.
From the article:
“This is an important step to further reduce air emissions from our plants and will allow us to meet new EPA standards while continuing to provide our customers with safe, reliable and affordable power,” IPL Chief Executive Officer Ken Zagzebski said. “IPL currently meets all EPA requirements, and in the past 10 years we have invested more than $600 million in environmental controls that have reduced emissions dramatically.”
IPL filed its plans with the state Utility Regulatory Commission. If approved, construction is scheduled to begin at the Petersburg Generating Station later in 2013. ...
