Alberta Keephills 3 coal plant seen on in February
NEW YORK Dec 17 (Reuters) - The Alberta grid operator expects TransAlta Corp (TA.TO)/Capital Power's (CPX.TO) 450-megawatt Unit 3 at the Keephills coal-fired plant in Alberta to enter service in February.
TransAlta and Capital Power are equal partners in the C$1.6 billion project, with Capital Power responsible for construction.
TransAlta said on its website that upon completion it would operate the facility with each partner dispatching and marketing their share of the power output.
The plant uses supercritical boiler technology with higher boiling temperatures and pressure, making the plant more efficient than conventional coal plants.
Construction started in February 2007 and has created up to 1,000 construction jobs, TransAlta said. (Reporting by Scott DiSavino)
- Seven NATO allies to create new rapid reaction force-report
- Ukraine seeks to join NATO; defiant Putin compares Kiev to Nazis |
- U.S. authorities investigate suspected threat against Obama: reports
- Putin says Russia must strengthen its economic, military position in Arctic
- California passes plastic bag ban, would be first such law in U.S