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PPL receives federal approval for Holtwood project

The Federal Energy Regulatory Commission has approved PPL
Corp.’s application to expand its Holtwood hydroelectric plant on the
Susquehanna River in Lancaster
County, according to a
company statement.

The Federal Energy Regulatory Commission has approved PPL
Corp.
‘s application to expand its Holtwood hydroelectric plant on the
Susquehanna River in Lancaster
County, according to a
company statement.

The Allentown-based energy company halted the $440 million
project late last year due to economic conditions, but restarted its efforts in
April because of federal stimulus incentives that could make the project
feasible again. The firm continues to work with the U.S. Department of Energy to obtain loan guarantees for the project, the statement said.

Construction is expected to begin during the first quarter
of 2010 and will create more than 200 construction jobs, the statement said.
The expansion would add enough renewable energy to power 100,000 homes and
additional electricity could start flowing by 2013, the statement said.

PPL has hired Chicago-based Walsh Construction as the general
contractor for the project.

Included in the regulatory commission’s approval, which was
announced this month, is an extension of the operating license for the Holtwood
plant through August 2030.

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