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Houston Developer Sours On Power
Joe TonduPrivately held project developer Tondu Corp. is shifting its attention from power generation to gasification facilities that would produce fertilizer and other industrial byproducts. Joe Tondu, president in Houston, says the incentives to build power are just not there. "It's a really difficult time for the power business right now. The cost to build a power plant is skyrocketing. PPAs are very ...
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