Articles

Utility exec: Coal-gas plant’s ‘time has passed’

A utility executive told a legislative committee Tuesday that a drop in natural gas prices as a result of the nation's shale-gas boom have made a proposed southern Indiana coal-gasification plant a project "whose time has passed."

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ProLiance might go on block

Indianapolis-based ProLiance, a natural-gas marketer and supplier, was singed by a $57.2 million pretax loss in the first nine months of 2011, causing some analysts to wonder if majority owner Vectren Corp. will try to sell its 61-percent stake in the company.

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EEOC alleges discrimination at Midwest ISO

A Carmel-based power grid operator violated the Americans with Disabilities Act by firing a woman who suffered from post-partum depression, the U.S. Equal Employment Opportunity Commission alleges in a lawsuit filed Friday.

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State unlikely to revive natural-gas grandeur

Indiana was once the world’s capital for natural-gas production, but recent advances in drilling and resource-recovery technology are not likely to revive those glory days anytime soon because of a combination of human-made and natural obstructions.

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U.S. high court takes Indianapolis sewer case

The Supreme Court of the United States agreed Monday to review a case that questions whether the city of Indianapolis violated the U.S. Constitution in how it handled refunds for residents who paid assessments on local sewer projects.

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NIPSCO to spend $5B for power-system upgrades

The Merrillville-based utility said it plans to spend $5 billion in the next 10 years on electrical system improvements, including almost $1 billion on environmental upgrades at its coal-fired plants.

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