NY regulators clear way for cleanup of Indian Point nuclear power plant
By AP Reporter
Indian Point nuclear plant site sold
The Indian Point nuclear power plant site has officially been sold to a company called Holtec, who agreed to dismantle and clean up the facility.
BUCHANAN, N.Y. (AP) - State regulators approved a deal Wednesday that clears the way for decommissioning the recently idled Indian Point nuclear power plant north of New York City.
The state Public Service Commission approved the transfer of the plant from Entergy Corp. to Holtec International subsidiaries, according to Gov. Andrew Cuomo.
Decommissioning of the site along the Hudson River is projected to cost $2.3 billion and to take at least 12 years.