Company gets USDA assistance for power plant

Published on NewsOK Modified: December 14, 2013 at 11:01 am •  Published: December 14, 2013

BATESVILLE, Miss. (AP) — The U. S. Department of Agriculture is providing a loan for work at an electric power generation facility in Panola County.

The federal agency Friday announced in a news release that it is providing $181 million to the South Mississippi Electric Power Association.

The money will be used to purchase two natural gas-fired combined cycle units for the Batesville Generating Station.

SMEPA bought the facility one year ago.

The generating station is tied into both the Tennessee Valley Authority and Entergy grids.

Mississippi regulators approved the acquisition last year.

SMEPA had been buying a third of the 837-megawatt plant's power under a long-term contract since 1998.

SMEPA generates and transmits power to 11 cooperatives in southern and western Mississippi, serving more than 400,000 customers combined.

Trending Now


  1. 1
    10 Most Popular Wedding 'First Dance' Songs
  2. 2
    Psychologists Studied the Most Uptight States in America, and Found a Striking Pattern
  3. 3
    Facebook Post Saves Drowning Teen
  4. 4
    Saturday's front page of the New York Times sports section is simple: LeBron James and transactions
  5. 5
    The 19th-century health scare that told women to worry about "bicycle face"
+ show more