Georgia Power, a subsidiary of Southern Co, (NYSE: SO), said the Georgia Public Service Commission (PSC) verified and approved $169 million in capital and construction costs for the Plant Vogtle nuclear expansion.
The costs were submitted as part of the 12th Vogtle Construction Monitoring (VCM) Report for the period through December 31, 2014. As of that date, the construction and capital investment in the Vogtle project is approximately $2.96 billion. The PSC reviews the costs for the project every six months.
As part of the report, Georgia Power also reported the progress of construction, including the placement of the containment vessel lower ring and structural wall module CA05 in the Unit 3 nuclear island. The utility also announced the placement of the CA01 module for Unit 3.
Southern Nuclear will operate the two 1,100-MW Westinghouse AP1000 reactors.
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