Navajo Coal Company Drops Bid To Buy Navajo Generating Station & Kayenta Coal Mine As…
On Thursday, March 21, the Naa’bik’iyati’ Committee (Committee of the Whole) of the Navajo Council voted down a resolution to support Navajo Transitional Energy Co.’s proposal to buy and operate Navajo Generating Station and Peabody Energy’s Kayenta coal mine, which supplies the power plant with fuel. The 11–9 defeat of the resolution led today to an announcement by NTEC that it was dropping its bid to buy the plant and mine.