Power Authority Seeks New Sources While Building Own
The New York Power Authority next month will seek up to 500 MW of capacity to be supplied by private developers. The RFP, in development for several months, was announced shortly after a state comptrollers audit that severely criticized NYPAs project to construct a 500-MW gas-fired combined-cycle generation plant in Queens.
The audit report criticized NYPA for its management of the powerplants costs, which rose from an initial estimate of $375 million to $650 million. NYPA officials strongly disagree with the criticisms.