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ap

Ind. utilities get $39M for energy grid upgrades

Indiana utilities sharing $39 million in federal funds for energy grid upgrade projects

  • On 11:17 am EDT, Wednesday October 28, 2009

INDIANAPOLIS (AP) -- Indiana is getting about $39 million in federal grants to help modernize the state's utility operations and local electrical grids.

The funding is part of about $3.4 billion the Obama administration is making available for 100 projects nationwide to upgrade the nation's power grid.

AES Corp.-owned Indianapolis Power and Light Co. will get Indiana's largest share -- $20 million -- to install more than 28,000 smart meters that allow two-way communications and grid control.

The Carmel-based Midwest Independent Transmission System Operator, which manages electrical transmission systems in 15 states and one Canadian province, will get $17.2 million to improve energy dispatching and grid reliability.

The city of Auburn in northeast Indiana will get $2 million to modernize its power system.

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