NEW YORK - The New York Power Authority (NYPA) is launching a 15-year modernization and digitization program to significantly extend the operating life of the Niagara Power Project, the largest source of clean electricity in New York State and one of the country's largest hydroelectric projects.

NYPA plans to invest $1.1 billion in the life extension and modernization program, called "Next Generation Niagara," which will center on the Robert Moses Niagara Power Plant, NYPA said in the press release.

The improvements will include replacing aging equipment with the latest machinery reflecting advanced digital technologies for optimizing the hydroelectric project's performance.

"The Niagara Power Project is New York's largest source of clean electricity and this modernization project will allow it to continue operating for another 50 years," Governor Cuomo said.

Work is set to begin later this year.

Source: NYPA