SOURCE: Industrial Info Resources

Industrial Info Resources

January 14, 2013 06:30 ET

NIPSCO Plans Multibillion-Dollar Investments in Electric Business, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jan 14, 2013) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Northern Indiana Public Service Company (NIPSCO) (Merrillville, Indiana) is scheduled to break ground this quarter on a $250 million flue gas desulphurization (FGD) project at its Michigan City Generating Station. That project is part of the utility's 10-year capital investment program, during which the electric unit of NiSource Incorporated (NYSE:NI) (Merrillville, Indiana) could invest up to $5 billion in its generation, transmission and distribution systems.

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