The Southcentral Power Project (SPP) is a joint project with Municipal Light & Power (ML&P) to construct a new efficient, gas-fired power plant located adjacent to Chugach's existing International Station (southeast of International and Minnesota) at 5601 Electron Drive in Anchorage, Alaska. The cost and output of the 183-megawatt project will be shared 70/30 between Chugach and ML&P, respectively. SPP will have three gas turbine-generators and one steam turbine-generator running in combined cycle most of the time. In that mode, the hot exhaust from one, two or all three of the gas turbines will be utilized to make steam for the steam turbine-generator, thereby producing additional power without additional fuel costs. SPP construction will continue throughout 2011 and 2012. The plant is expected to be in commercial operation during the 1st quarter of 2013.