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Commerce Commission approves $1.14B plan to replace and expand New Zealand's Cook Strait power cables.
The Commerce Commission is expected to approve a $1.14 billion plan to replace and expand New Zealand's aging Cook Strait power cables.
The project includes adding a fourth cable to boost capacity and support renewable energy, with work starting after 2028 and costing consumers gradually over decades.
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La Comisión de Comercio aprueba un plan de $ 1.14B para reemplazar y expandir los cables de energía del estrecho de Cook de Nueva Zelanda.