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The merchant transmission line will be 230 kilovolts and run from Great Falls to Alberta, Canada.
The developers say the line will ensure more reliable supplies of electricity and leave users less vulnerable to outages.
Construction actually began this fall. The initial work is being done on the line north of the Marias River to the Canadian border.
Sens. Max Baucus and Jon Tester, along with Gov. Brian Schweitzer attended the ceremony.
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