- Associated Press - Thursday, April 6, 2017

GALLUP, N.M. (AP) - Officials say the Navajo Nation could lose more than $28 million a year in revenue if the Navajo Generating Station is allowed to close.

The Gallup Independent reports (https://bit.ly/1hoDjlp ) that according to a Friday memo from the Navajo Nation Officer of the Controller, if the coal-fired power plant closes, the tribe could lose a projected revenue of $28.1 million.

Owners of the generating station have voted to close it, saying it is not currently profitable. It is unclear when the plant will begin to close. The power plant’s lease with the tribe expires at the end of 2017 but could be extended.

Officials say the closure of the power plant would likely also lead to the closure of the tribe-owned Kayenta Mine, which is the sole source of coal for the Navajo Generating Station.

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Information from: Gallup Independent, https://www.gallupindependent.com

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