TVA Board Authorizes Three-Year, $15-Billion Capital Program

September 7, 2023--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The seven-state service area served by the Tennessee Valley Authority (TVA) (Knoxville, Tennessee) has experienced strong economic growth over the last few years, and the agency's board of directors late last month approved investing $15 billion in new generation and transmission projects over the next three years to meet rising electric demand.