FAIRBANKS, Alaska — An Iowa-based engineering company has been picked to help design a new $245 million coal-fired power plant at the University of Alaska Fairbanks.
The Fairbanks Daily News-Miner (bit.ly/1uCFuV6) reports Stanley Consultants has been awarded a $13.6 million contract for planning the plant.
The existing plant is nearing the end of its useful life after 50 years.
The new 22-megawatt plant will provide power and electricity to the campus from a location adjacent to the current plant.
Stanley Consultants previously worked with the school to study options for the new plant. The company will work with Fairbanks-based Design Alaska to provide design and engineering work.
The design is to be completed by early 2016 and construction is due to be finished in 2018.
Information from: Fairbanks (Alaska) Daily News-Miner, http://www.newsminer.com
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