Daily GPI / NGI All News Access

Dominion, CNG Plan Up to 2,400 MW of New Power

Dominion, CNG Plan Up to 2,400 MW of New Power

Even before their merger is consummated, Dominion Resources and Consolidated Natural Gas are making plans to begin development of four gas-fired electric power generation facilities along CNG Transmission in Ohio, Pennsylvania and West Virginia. The facilities represent up to $800 million in local investment. All four plants are expected to be in service in time for peak summer demand in 2002.

The four proposed projects include a 600 MW facility in Wood County, OH, a 300-600 MW facility in Armstrong County, PA, a 600 MW facility in Muskingum County, OH, and a 300-600 MW plant in Pleasants County, WV.

Dominion and CNG affiliates will construct, operate and maintain the facilities on a 50-50 basis. The two companies are considering additional sites for development along CNG's natural gas pipeline network in Ohio, Pennsylvania, New York, Virginia and West Virginia. In April, they said they identified 45 potential sites and started negotiations with major turbine manufacturers for pricing and delivery of 10 turbines over the next two to three years.

The Wood County, OH, plant is to be built at the Lemoyne Industrial Park about two miles northeast of Luckey, OH. The companies plan to identify a site for the Muskingum County, OH, plant by July. The gas-fired generating plant in Armstrong County, PA, will be located on an industrial site owned by CNG near its South Bend Compressor Station in Elderton.

In February, Virginia Power parent Dominion Resources, based in Richmond, VA, and CNG, based in Pittsburgh, PA, signed a definitive merger agreement. Dominion fought off a competing bid by Columbia Energy earlier this month by upgrading its own offer to $6.4 billion. The merger of CNG and Dominion is expected to be completed by the end of this year.

©Copyright 1999 Intelligence Press Inc. All rights reserved. The preceding news report may not be republished or redistributed, in whole or in part, in any form, without prior written consent of Intelligence Press, Inc.

ISSN © 2577-9877 | ISSN © 1532-1231
Comments powered by Disqus