Utility examines energy alternatives in preparation for new environmental mandates
Indianapolis, IN - June 28, 2012 - Indianapolis Power & Light Company (IPL) today issued a Request for Proposals (RFP) for 600 megawatts (MW) of gas-fired combined cycle generation beginning in June 2017. The RFP is intended to provide IPL with possible options to replace a like amount of existing coal-fired generation at its Eagle Valley and Harding Street stations that is likely to be retired over the next several years. In conjunction with the RFP and consistent with the company’s Integrated Resource Plan, IPL is evaluating whether to build a 600MW natural gas-fired combined cycle unit in the Central Indianapolis area.In addition to the RFP and self-build options, IPL is also considering purchasing existing power plants or some combination of these options. “The combination of current and expected environmental regulations make it likely that IPL will retire several of our existing coal-fired, smaller and older generating units within the next several years,” said Ken Zagzebski, CEO of IPL. “To ensure our customers continue to receive safe, reliable and affordable power, we are studying a variety of available options for new power generation. The issuance of this RFP is the next step in that process.”Reponses to the RFP must be submitted on or before September 10, 2012.The RFP is available at www.IndianapolisPowerandLightRFP.com. Interested parties should link to the website and not call IPL directly.
About Indianapolis Power & Light Company (IPL): Indianapolis Power & Light Company provides retail electric service to more than 470,000 residential, commercial and industrial customers in Indianapolis, as well as portions of other Central Indiana communities surrounding Marion County. During its long history, IPL has supplied its customers with some of the lowest-cost, most reliable power in the country. For more information about the company, please visit www.IPLpower.com.
Media Contact: Crystal Livers-PowersIndianapolis Power & Light Company(317) 261-8423, pager (317) firstname.lastname@example.org