The company confirmed to Recharge the decision had been taken, first reported by the Virginia-Pilot on its website.
Dominion had estimated the project, which the US Energy Department (DOE) is partly funding, would cost roughly $230m. Instead, the only complete bid to install two 6MW turbines and associated work was submitted at between $375m and $400m,
There reportedly was no cap on the bid amount , meaning that Dominion would have had to absorb any cost overruns.
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