Navajo Nation approves lease for coal-fired Navajo Generating Station

After hours of contentious debate and more than a dozen amendments, the Navajo Nation approved the lease for the 2,250 MW coal-fired Navajo Generating Station from 2019 to 2044, according to a report from the Associated Press.

The legislation raises the payments to the tribe from $3 million to $43 million and provides money for scholarships and an opportunity for the tribe to become partial owners of the power plant, according to the report. The amendments include a $1 million signing bonus, a requirement the plant owners control fly ash and an assurance from plant owners they will not hinder or oppose any claim the tribe would make to water from the upper Colorado River Basin.

The owners of the station must now approve the changes to the lease, according to the report.

Currently, the power plant is owned by the U.S.  Bureau of Reclamation, Salt River Project, Los Angeles Department of Water and Power, Arizona Public Co., Nevada Energy and Tucson Electric Power. The city of Los Angeles is attempting to stop use of coal-fired power, however, and reports have stated the city is in negotiations to sell its share of the plant to Salt River Project.

This story was originally published by Power Engineering online. It is republished with permission.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs