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TVA Sets Capex Budget at Record $3.5 Billion, Backs 975-Megawatt NGCC

TVA Sets Capex Budget at Record $3.5 Billion, Backs 975-Megawatt NGCC

SUGAR LAND--October 24, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The board of directors of the Tennessee Valley Authority (TVA) adopted a fiscal year 2015 budget that includes a record $3.5 billion in capital (Capex) expenditures.

Within this article: Overview of capital expenditures that are planned by the Tennessee Valley Authority, including completion of Watts Bar Unit 2 Nuclear Plant