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Active Articles: US: Ohio (News/Activism) (within 6 hours)

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  • Loss of power plant to cost millions

    11/28/2009 11:16:36 AM PST · by TaxPayer2000 · 15 replies · 494+ views
    mariettatimes.com ^ | 11-28-09 | sshawver@mariettatimes.com
    This week's announcement that American Municipal Power of Ohio has pulled the plug on its multibillion-dollar coal-fired power plant in Letart Falls caught Meigs County Economic Development Director Perry Varnadoe by surprise. "This was a very unexpected turn of events," Varnadoe said. "We were extremely disappointed - this would have been a great economic engine for all of southeastern Ohio." In a statement issued Wednesday, officials with the Columbus-based, nonprofit AMP Ohio company said the much-touted Meigs plant project had been scrapped after learning construction costs had jumped from $3.3 billion to $4 billion. "We're owned by our members and...