On Nov. 11, 2011, the Genesee 3 coal-fired power plant, a joint venture with Capital Power Corp., experienced an unplanned outage that resulted in damage to turbine and generator bearings. Capital Power Corp. had initially estimated a return to service date of mid-December. Based on work done to date, the outage has been extended to January 1, 2012.
As a result, TransAlta said their fourth quarter production is expected to be reduced by approximately 275 GWh and net income is anticipated to decline in the range of $20 - $25 million.
Read more coal operations and maintenance news