TransAlta to build power station for Australian power plant

Mon Jul 28, 2014 7:52am EDT
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(Reuters) - Canadian power company TransAlta Corp (TAC.N: Quote) has agreed to build a A$570 million ($535.97 million) gas power station in South Hedland, Western Australia.

The 150-megawatt gas power station is expected to be in service by 2017, creating about 250 jobs during construction and 20 jobs when in full operation.

($1 = 1.0635 Australian Dollars)

(Reporting by Sneha Banerjee in Bangalore)

The TransAlta headquarters in Calgary, Alberta, April 29, 2014. REUTERS/Todd Korol