Dominion Discontinues Plans For Tennessee Power Project

March 6, 2002

 

RICHMOND, Va. – Dominion (NYSE: D) said today that it was not awarded the winning bid by the Tennessee Valley Authority to develop a 600-megawatt natural gas-fired electric generation facility in Montgomery County, Tennessee, and is discontinuing plans for the project.

Dominion submitted its bid to develop the facility in May 2001 in response to a TVA request for proposal.

Dominion, headquartered in Richmond, Va., is one of the nation’s largest producers of energy.

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