SAN FRANCISCO (Dow Jones) --Transmission developer LS Power said Thursday it reached a tentative agreement with a federal power marketing agency to develop a high-voltage transmission line for renewable energy using federal stimulus money.

LS Power originally proposed building the 500-mile line from southern Idaho to Las Vegas, called the Southwest Intertie Project, to ship power from a 1,600-megawatt coal-fired power plant it had proposed building in northern Nevada. The company has since put that project on indefinite hold.

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Posted by rjorr at July 16, 2009 8:02 PM