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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

Indian Government to Mediate Enron-Maharashtra Dispute

LCG, May 24, 2001The Indian federal government said this morning in an official statement that it would mediate the dispute between Enron Corp.'s Dabhol Power Co. project and the state of Maharashtra and its state electricity board.

Enron, which owns 65 percent of Dabhol, and the Maharashtra State Electricity Board have been at loggerheads almost since the 740 megawatt first phase of the Dabhol project began producing power. The MSEB has persistently delayed paying for power taken from the plant and has forced Enron to invoke Maharashtra state guarantees and, when those have failed, to invoke the sovereign guarantees of the Indian federal government.

In the mid-1990s, the MSEB signed contracts to purchase at agreed-upon prices the entire output of Dabhol, but now, with the 1,444 megawatt second phase ready to begin commercial operation next month, the state-run power company says it no longer needs the power and wants to pay less than the agreed-upon price for what power it does buy.

Last week, Dabhol issue a preliminary notice of termination of its contract with the MSEB, a move seen as the first step in Enron abandoning India altogether. Because Dabhol is the largest single foreign investment in India, its failure could severely tarnish India's reputation as a safe place for investment.

In New Delhi, the Indian government said in its statement "The government of India will assist in the implementation of any agreed proposals, which have the support of the concerned parties," adding that "The government of India is of the view that a quick settlement of the dispute is essential for the power sector of Maharashtra."

Settlement of the dispute on terms that will not damage Enron is also essential to future foreign investment in India.

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