Report: Cost of Kemper Plant just short of $5.6 billion - WLOX.com - The News for South Mississippi

Report: Cost of Kemper Plant just short of $5.6 billion

In the financial report, the company admitted the current construction cost has grown to just below $5.6 billion. (Photo source: WLOX) In the financial report, the company admitted the current construction cost has grown to just below $5.6 billion. (Photo source: WLOX)
KEMPER COUNTY, MS (WLOX) -

We just read over a new financial report from Mississippi Power that says the price tag to build the Kemper County plant went up again.

Remember when Mississippi Power said it could build the lignite plant for less than $3 billion? In the financial report, the company admitted the current construction cost has grown to just below $5.6 billion.

What we also learned from that report is the construction work is just about over. Mississippi Power officials say a portion of the lignite plant is already operational and producing energy.

The whole project is expected to be finished sometime next spring.

Copyright 2014 WLOX. All rights reserved. 

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