The venture, led by Canadian-based company Transmission Developers Inc., would carry renewable energy - hydropower and wind power from eastern Canada - and feed it directly in the New York City electricity market. Construction costs for this project are estimated at 1.9 billion U.S. dollars for the section located in the State of New York.[1]
The Quebec section of the line would be built and operated by TransÉnergie, the transmission arm of Hydro-Québec.
Source: http://en.wikipedia.org/wiki/Champlain_Hudson_Power_Express
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