The State Power Authority is making major renovations in the electrical generating plant in Lewiston, investing $460 million to rehabilitate its pump generators.
Economical development grants could soon be available to Western New York businesses after a move by Governor Cuomo.
The president and chief executive officer of First Niagara Financial Group, John Koelmel, is being nominated to become the chairman of the New York Power Authority.
The Buffalo News is reporting that Governor Andrew Cuomo will submit Koelmel’s name to the board of trustees Tuesday.
In addition to the Niagara Power Project, NYPA oversees about 1,400 miles of electric distribution lines and is investigating solar and wind energy as alternative power sources.