A New York electric power plant developer with a mixed track record announced plans Tuesday to build a $3 billion coal-to-liquids plant capable of refining an estimated 6.5 million barrels of gasoline annually in West Virginia.
TransGas Development Systems hopes to obtain a state air quality permit so it can begin construction by 2010 and start operations by 2013. The company is proposing to build the plant on an 800-acre site in the state's southern coalfields leased from the Mingo County Development Authority. Read more...
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