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United StatesNew York approves Con Edison s proposed $800 mln power line projects Reuters 3 minutes read A logo of New York power utility Consolidated Edison Inc is seen in New York July 1, 2012. REUTERS/Eric Thayer/File Photo New York state utility regulators on Thursday approved Consolidated Edison Co of New York Inc s (Con Edison) request to recover costs for three transmission projects in its New York City service area. The projects, which the state Public Service Commission said represent an $800 million investment, would maintain and improve reliability and allow several fossil fuel-fired power plants to retire. The projects include transmission from New York neighborhoods Rainey to Corona, Gowanus to Greenwood and Goethals to Greenwood. Con Edison is a unit of New York energy company Consolidated Edison Inc (ED.N).

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