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The line would cross the Cairngorms National Park and pass within sight of the Wallace Monument in Stirling.
Objections have already been lodged by the Cairngorms National Park Authority, Scottish Natural Heritage, Highland Council, Perth and Kinross Council and Stirling Council.
The Scottish Executive has told Highland Council that an inquiry should begin in early 2007 and it is estimated it would sit for approximately nine months.
A report put together by council planning officials on how to limit the costs will be presented to the authority’s planning and development committee on Wednesday.
They recommend appointing one advocate to represent all the local authorities affected.
However, the report points out that even the costs of a single lawyer would be between £270,000 and £450,000.
On top of that would be the expense of professional witnesses such as engineers to advise on burying sections of the power line through environmentally sensitive areas.
A special meeting of Highland Council’s planning committee was held in Inverness in April to consider the application.
A presentation was made by SSE officials and objectors also had the opportunity to make their views known.
Later, John Rennilson, the council’s planning director, said the committee recognised that a high voltage electricity transmission system was key for the development of renewable energy in the Highlands.