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NYPA trustees approve 2014 operating plan

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MASSENA — Approximately 65 percent of the New York Power Authority’s capital budget will be used for work at NYPA’s St. Lawrence-Franklin D. Roosevelt and Niagara hydroelectric plants and for transmission improvements under a 2014 budget approved Tuesday by the agency’s board of trustees.

The 2014 operating plan includes an operations and maintenance budget of $379.3 million; a capital budget of $279.3 million, an increase of $87 million over the budgeted amount for 2013; and an energy services budget of $222.3 million, an increase of $22 million over the 2013 budgeted amount.

The financial plan is available on the NYPA website at http://wdt.me/Zkxc4P.

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