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Northern Indiana Public Service Receives Federal Order For Continued Operation Of Its Power Station

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Northern Indiana Public Service Company LLC, a subsidiary of NiSource Inc. (NI), Wednesday shared that it has received a federal order for continued operation of R.M. Schahfer Generating Station, an operating power station, beyond its scheduled retirement date of December 31, 2025.

The company added that it is reviewing the overall impact of the order, which is in effect for 90 days. Additionally, it is considering importance of both reliability and cost management for the customers.

In the pre-market hours, NI is trading at $41.75, up 0.36 percent on the New York Stock Exchange.

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Business News

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.