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Columbus, Ohio-based American Electric Power and Charlotte, N.C.-based Duke Energy plan to build 240 miles of transmission lines between Greentown Station near Kokomo and the Rockport generating plant east of Evansville.
The $1 billion project requires regulatory approval and wouldn’t be completed until 2014 at the earliest, the utilities said today.
The utilities say the “extra-high voltage” 765-kilovolt lines are more efficient at carrying power and should improve reliability of the transmission grid.
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