Quote:
|
Originally Posted by cpal_747
Do you not see Watts Bar in his list? In order to construct that Nuclear power plant they had to borrow 28 billion dollars, from the original 30 that the government had promised them.
|
It must be painful pulling all of this stuff our of your ***, CPAL. As of September 30, 2004, TVA's TOTAL debt consisted of $21.3 billion in long-term obligations and $1.9 billion in short-term obligations. The debt includes not only the construction of the Watt Bar unit but also the sequoyah generating units and the decomissioning costs of the Browns Ferry nuclear unit. It also includes construction costs associated with about a dozen large base-loaded coal-fired units as well as environmental bonds to pay for the installation of FGD scrubbers and SCRs on most of these coal-fired units. The bonds also include funds used to finance major flood control projects on the Tennessee and Cumberland Rivers. Now where did you get the figure of $30 billion for the Watts Bar nuclear unit? I'd wear gloves before handling it again if I were you.