Alberta Keephills 3 coal plant seen on in February

NEW YORK Fri Dec 17, 2010 5:59pm EST

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)

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