SSE approves new power plant on site of closed coal plant

(Reuters) - British utility SSE on Wednesday approved construction of a 70 megawatt power plant on land linked to the Ferrybridge C coal-power station in west Yorkshire which was closed earlier this year. Construction of the Ferrybridge Multifuel 2 plant, which will burn waste-derived fuels to generate electricity, is set to begin later this year, SSE said. The plant represents a 360 million pound investment and is expected to create more than 500 construction jobs during the three year construction period, the company said. SSE closed its Ferrybridge C coal-fired power plant at the end of March after 50 years in service due to tougher operating conditions for coal power generation. (Reporting by Oleg Vukmanovic in Milan, editing by Louise Heavens)