Dive Summary:

• New York regulators approved a new 1,000-megawatt, $1.4 billion power plant Wednesday.
• The gas-fired plant will connect to New York power company Consolidated Edison Inc's 345-kilovolt transmission lines and is expected to fit into Gov. Andrew Cuomo's plans to modernize energy infrastructure and shut down reactors at Indian Point's nuclear plant.
• Construction may begin as soon as 2014.

From the article:

Feb 13 (Reuters) - New York utility regulators on Wednesday approved the proposed 1,000-megawatt (MW) Cricket Valley natural gas-fired power plant in Dutchess County expected to cost about $1.4 billion. ...