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Show Power agency reaches decision DELTA The In-termountain In-termountain Power Agency executed two agreements this week for coal supplies over the next 25 years for the Intermountain Generating Station near Delta. The total approximate tonnage from these contracts can exceed two million tons annually with options for further increasing or decreasing the tonnage. The coal will be supplied from mines in Carbon and Emery Counties in central Utah. Total coal consumption for the project is anticipated an-ticipated to be eight million tons annually. However, the possible reduction of the size of the project to two units would reduce that total to four million tons annually. an-nually. The agreements are with United States Fuel Company for supplies through 25 years and Tower Resources, Inc. for 15 years. The agreements call for the price to be calculated on a "base price plus . escalation" basis. "The expected delivered cost to the generating station is within the range of the project's economic projections," Joseph C. Fackrell, executive officer of-ficer of the Intermountain In-termountain Power Agency said. "Since we are presently in active negotiation with other coal suppliers, we cannot disclose terms or prices." The agreements were signed by Joseph C. Fackrell, Intermountain Power Agency, E. Peter Matthies, executive vice president and chief operating officer, United States Fuel Company and Robert Anderson, president, Tower Resources, Inc. |