Power
Kinder Morgan Plans 5,500MW of New Power Generation
is quickly emerging as a powerful force
Released Thursday, August 30, 2001
The following is an advisory by Industrialinfo.com (Industrial Information Resources, Inc: Houston, Texas). Kinder Morgan Power Company, a subsidiary of Kinder Morgan Inc. (NYSE: KMI) (Houston, Texas), is quickly emerging as a powerful force in the race to power America. The company's power development program calls for the construction of ten natural gas-fired generation plants that represent approximately 5,500 mega-watts (MW) of intermediate power. Williams Energy Services will provide fuel to the plants and marketing of the new generation capacity. The first two plants will begin generating in the summer of 2002, with the remaining plants in commercial operation by 2005.
The company has secured agreements with General Electric (GE) and Deltac to provide turbines and heat recovery steam generators respectively, for all the plants. Research by Industrialinfo.com outlines each of the ten projects being engineered, under construction and in the startup phase.
Kinder Morgan was founded in 1936 and began developing natural gas-fired power generation plants in 1998. KMI is one of the largest mid-stream energy companies in America, operating more than 30,000 miles of natural gas and product pipelines across the United States.
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