Indiana regulators most likely will "reaffirm their commitment" to Duke Energy Indiana's 630-MW Edwardsport coal gasification plant under construction in Knox County by approving Duke's request to recover rising project costs, James Rogers, the company's chairman, president and CEO, predicted last week. Late last year (Cause No. 43114) (EUW, 26 Nov '07, 1), the Indiana Utility Regulatory Commission voted 5-0 to issue a certificate of public convenience and necessity and clean air technology for the controversial project, whose cost at the time was estimated at about $1.98 billion. The IURC said the project was likely to result in an approximately 16% rate hike for the utility's 760,000 electric customers in 69 counties.
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