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Public Service Company of Oklahoma Completes Acquisition of Green Country Power Plant

LCG, July 3, 2025--American Electric Power (AEP) announced today that on June 30, the 795-MW Green Country Power Plant officially became part of the generation portfolio of Public Service Company of Oklahoma (PSO), a unit of AEP.

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Alliant Energy Submits Plans to Iowa Utilities Commission for the Addition of 1,000 MW of Wind Capacity

LCG, July 2, 2025--Alliant Energy today announced plans to add up to 1,000 MW of wind energy generating capacity in Iowa to meet demand and ensure reliable, affordable energy for its customers. The plans are included in a filing with the Iowa Utilities Commission (IUC), and the company anticipates a decision from the IUC in the first quarter of 2026.

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Industry News

Maharashtra State Pays Enron India $17 Million

LCG, Feb. 13, 2001Enron Corp. managed to extract yesterday from India's Maharashtra state payment for the state's electricity board's November bill, a sum of $17 million, the United News of India reported.

It was a grueling, three-step process. First, Enron India asked the Maharashtra State Electricity Board, a government-owned utility, to pay for November's power purchased from Dabhol Power Co., a power plant of which Enron owns 65 percent and the MSEB 15 percent. That didn't work.

Then, Enron invoked the guarantee of the state of Maharashtra. The state ignored the company's petition.

Finally, Enron invoked the sovereign guarantee of the federal government of India. That got some attention. New Delhi didn't want to pay the bill, which would set a bad precedent, so it leaned on the state of Maharashtra to force its electricity board to pay up.

Officials of Maharashtra's state government know well that the MSEB can't pay its bills, so the state was forced to step in and pay Enron the $17 million.

That's pretty much how it worked for October's bill, too, and will likely work for December's which is past due and January's which is still current.

The Indian government has made no secret of its desire to attract foreign investment to its power sector. It is also no secret that four major companies, firms with less patience than Enron, have pulled out of power projects in India.

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