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				 Duke, the largest in the United States by power 
				generation capacity, will spend $2.25 million in carrying out 
				environmental projects to benefit Virginia localities affected 
				by the spill. 
				 
				The remaining $250,000 will be placed in a DEQ fund to respond 
				to environmental emergencies. 
				 
				A pipe break at a retired Duke coal plant in February 2014 
				triggered the third-worst coal ash spill in U.S. history. The 
				event prompted North Carolina's Senate to ask Duke to close 33 
				coal ash ponds in the state within 15 years. 
				 
				The accident occurred amid a long-running legal battle over the 
				storage of coal ash waste at Duke facilities. 
				 
				The company said it had set aside $100 million in the fourth 
				quarter in anticipation of the settlement. 
				 
				A public comment period on the proposed order will be open 
				through May 20, 2015. Afterward, the State Water Control Board 
				must give final approval for the order to take effect, DEQ said. 
				Duke, which sells power to 7.2 million customers in North 
				Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, 
				also operates in Argentina, Chile and Brazil. 
				 
				(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by 
				Dan Grebler) 
				
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