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Duke Energy notified the Indiana Utility Regulatory Commission last month that the estimated construction costs of its proposed Edwardsport integrated gasification combined cycle (IGCC) went up by 18%.
The company now awaits the regulatory approval of the cost revision and proposed cost recovery by Indiana ratepayers.
Duke Energy won regulatory approval for the Edwardsport IGCC project in November 2007 and received an air permit in January 2008. The 630-MW facility would replace the company's existing coal- and oil-fired plant at that...
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