Argan unit Gemma Power Systems gets full notice to proceed for power project

Argan, Inc. announced that its wholly owned subsidiary, Gemma Power Systems, has received full notice to proceed from East Texas Electric Cooperative for a contract to design and build a 49.9 MW, biomass-fired power plant near Woodville, Texas. The project is estimated to be completed in December 2014. GPS previously announced the awarding of this contract on October 17, 2011.

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