real-time news and commentary for investors
Wednesday, Oct 3
2012, 10:10 AM
The Obama administration gives a green light to the first section of a proposed 146-mile...
The Obama administration gives a green light to the first section of a proposed 146-mile transmission line, calling it a critical upgrade to the faltering Northeast power grid. The high-voltage line is capable of carrying up to 500 kilovolts and will replace an existing line carrying 230 kilovolts. PPL (PPL +0.3%) will build the 101-mile Pennsylvania portion of the line.