Emera updates Maritime Link cost

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The cost estimates for the Maritime Linkhas been updatedbased on market responses to major tenders issued for the project.Now, the underwater cable projecthas a more firm price tag of $1.57 billion, reports TheChronicleHerald.

Previously, Emeraused an estimated range of $1.4 billion to $1.7 billion for the project.

The updated estimates for the link bring the total projected cost of Muskrat Falls to $7.77 billion.

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