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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Enron Threatens to Back Out of India Project

LCG, April 10, 2001Enron Corp. of the U.S. yesterday issued to the Indian state of Maharashtra a "political force majeure" notice, constituting a warning that it could withdraw from the $3 billion Dabhol Power Project, where it is locked in a bitter payments dispute with the Maharashtra State Electricity Board.

The 2,364 megawatt plant represents the largest foreign investment in India. Enron's possible exit would damage India's credibility with foreign investors, especially after four other companies withdrew from Indian power projects because of endless red tape and corruption on the state electricity boards.

The U.S. firm Cogentrix withdrew from a project in December 1999 after waiting seven years for approvals that never came. Those approvals might have been received promptly had Cogentrix been willing to bribe government officials.

Enron is owed 2.25 billion rupees ($48 million U.S.) by the MSEB for December power deliveries, and had to resort to India's sovereign guarantees to get paid for October and November. The MSEB countered by fining Enron 4.02 billion rupees for "technical under-performance" and told Enron it could deduct the past due electric bill from its fine.

Enron said the MSEB's fine was "frivolous and a diversion."

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