TVA Faces Huge Finanical Challenge After Audit
Written by Jeremy LawrenceJune 30, 2009 – 12:27 pm
The Tennessee Valley Authority faces a huge financial challenge. That the conclusion of internal auditors as they reflect on the potentially $1 billion cleanup of the massive coal ash spill at the Kingston plant.
Auditors say that the utility will have to do more in coming years to maintain their financial health.
The TVA’s Chief Financial Officer has said that the agency should be judged on the present and future and not the past.
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