Moundsville Power has secured siting certificate approval from the West Virginia Public Service for the construction of 549MW combined-cycle natural gas power plant in Marshall County.

Moundsville Power will now proceed to financing of the project, which is scheduled to be commissioned in early 2018.

Construction work is planned to commence in late 2015.

Black & Veatch will be responsible for design and construction of the $815m plant while General Electric will provide the natural gas and steam turbines as well as other power island equipment.

General Electric is also responsible for a long-term maintenance to ensure efficient operation of the power project, which is expected to contribute $8.4bn over its 30-year operational life to West Virginia’s economy.

During the estimated 30-month construction, the project will generate more than 400 jobs construction period, according to an economic impact study carried out by Tom Witt of Witt Economics.